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Stock-Based Compensation (Tables)
12 Months Ended
Jan. 01, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of the Status of Stock Options

A summary of the status of our stock options as of January 1, 2022, and changes during the year then ended, is presented below:

 

 

 

Number of
Shares

 

 

Weighted
Average
Exercise Price

 

 

Weighted
Average
Life in Years

 

Outstanding at January 2, 2021

 

 

67,797

 

 

$

2.04

 

 

 

 

Exercised

 

 

(67,797

)

 

$

2.04

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at January 1, 2022

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at January 1, 2022

 

 

0

 

 

 

 

 

 

 

Summary of the Status of Restricted Share Awards

A summary of the status of restricted share awards as of January 1, 2022, and changes during the year then ended, are presented below:

 

 

 

Number of
Shares

 

 

Weighted
Average Fair
Value

 

Outstanding at January 2, 2021

 

 

864,918

 

 

$

16.48

 

Granted

 

 

709,122

 

 

$

19.37

 

Vested

 

 

(312,982

)

 

$

16.03

 

Forfeited/Performance adjustment

 

 

(114,952

)

 

$

17.71

 

 

 

 

 

 

 

 

Outstanding at January 1, 2022

 

 

1,146,106

 

 

$

18.25