XML 79 R45.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Share-Based Compensation (Tables)
12 Months Ended
Dec. 27, 2019
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Stock-Based Compensation Expense Included in Selling, General and Administrative Expenses Related to Stock Options and Restricted Stock Awards
Share-based compensation expense included in selling, general and administrative expenses related to stock options, restricted stock awards ("RSAs"), restricted stock units ("RSUs") and performance stock units ("PSUs") is included in the accompanying Consolidated Statements of Operations as follows (U.S. dollars in millions):
 
 
Year ended
Types of Awards
December 27, 2019
 
December 28, 2018
 
December 29, 2017
Stock options
$

 
$
0.1

 
$
0.5

RSUs/PSUs
7.4

 
10.3

 
10.7

RSAs
1.0

 
1.1

 
0.9

Total
$
8.4

 
$
11.5

 
$
12.1


Restricted Stock Units Award Activity
The following table lists the RSA for the years ended December 27, 2019 and December 28, 2018:

Date of Award
Shares of
Restricted Stock
Awarded
 
Price Per Share
Awards for the year ended 2019:
 
 
 
May 1, 2019
$
2,830

 
29.44

January 2, 2019
$
30,891

 
28.32

Awards for the year ended 2018:
 
 
 
August 2, 2018
$
1,687

 
49.38

January 2, 2018
$
21,304

 
46.93

Awards for the year ended 2017:
 
 
 
January 3, 2017
$
14,294

 
61.21


Schedule of RSUs / PSUs Awarded
The following table lists the various RSUs/PSUs awarded under the 2014 Plan and Prior Plans for the years ended December 27, 2019 and December 28, 2018 (U.S. dollars in millions except share and per share data):













15. Share-Based Compensation (continued)

Date of Award
Type of Award
Units Awarded
 
Price Per Share
Awards for the year ended 2019:
 
 
 
 
July 31, 2019
PSU
4,250
 
30.33

March 25, 2019
RSU
5,000
 
26.55

February 20, 2019
PSU
85,000
 
27.71

February 20, 2019
RSU
133,750
 
27.71

Awards for the year ended 2018:
 
 
 
 
June 25, 2018
RSU
2,000
 
44.78

February 21, 2018
RSU
125,000
 
46.35

February 21, 2018
PSU
85,000
 
46.35

Awards for the year ended 2017:
 
 
 
 
August 2, 2017
RSU
48,700
 
49.75

February 22, 2017
PSU
100,000
 
56.52

February 22, 2017
RSU
50,000
 
56.52


Schedule of RSUs / PSUs Activity
The following table summarizes RSUs/PSUs activity for the years ended December 27, 2019, December 28, 2018, December 29, 2017:

 
Number of
Shares
 
Weighted
Average Grant Date Fair
Value
RSUs/PSUs outstanding at January 1, 2017
932,036

 
$
36.09

Granted
208,743

 
54.17

Converted
(336,112
)
 
34.91

Canceled
(43,515
)
 
43.77

 
 
 
 
RSUs/PSUs outstanding at December 29, 2017
761,152

 
41.13

Granted
223,531

 
46.10

Converted
(279,440
)
 
41.31

Canceled
(21,948
)
 
50.40

 
 
 
 
RSUs/PSUs outstanding at December 28, 2018
683,295

 
42.39

Granted
230,037

 
27.83

Converted
(384,717
)
 
37.65

Canceled
(69,339
)
 
42.93

 
 
 
 
RSUs/PSUs outstanding at December 27, 2019
459,276

 
38.99

 
 
 
 
Vested at December 29, 2017
235,332

 
$
26.49

 
 
 
 
Vested at December 28, 2018
249,767

 
$
31.28

 
 
 
 
Vested at December 27, 2019
52,903

 
$
32.65



Summary of RSUs / PSUs Outstanding
Information about RSUs/PSUs outstanding at December 27, 2019 was as follows:

Grant Date Market Value
 
Outstanding
 
Outstanding
Intrinsic Value
 
Vested
 
Vested Intrinsic Value
$
27.71

 
77,347

 
$
0.6

 

 
$

$
27.71

 
100,250

 
0.7

 

 

$
26.55

 
4,018

 

 

 

$
30.33

 
4,269

 

 

 

$
44.78

 
1,216

 

 

 

$
46.35

 
66,553

 

 

 

$
46.35

 
45,507

 

 

 

$
40.03

 
3,133

 

 

 

$
56.52

 
40,678

 

 
4,601

 

$
56.52

 
20,643

 

 

 

$
59.83

 
20,729

 

 

 

$
49.75

 
14,721

 

 

 

$
38.99

 
12,514

 

 
11,034

 

$
38.99

 
10,428

 

 

 

$
33.44

 
10,047

 

 
10,047

 

$
33.44

 

 

 

 

$
25.52

 
10,735

 
0.1

 
10,733

 
0.1

$
26.52

 
10,929

 
0.1

 
10,928

 
0.1

$
24.68

 
5,559

 
0.1

 
5,560

 
0.1

 
 
459,276

 
$
1.6

 
52,903

 
$
0.3