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Stockholders' Equity (Tables)
12 Months Ended
Dec. 29, 2017
Stockholders' Equity Attributable to Parent [Abstract]  
Schedule of restricted stock activity
The following table reflects the activity of RSAs during the fiscal years ended December 29, 2017 and December 30, 2016:
 
 
Shares
 
Weighted Average
Grant Date Fair Value
Unvested at December 25, 2015
 
418,604

 
$
18.54

Granted
 
214,274

 
17.75

Vested
 
(108,400
)
 
18.00

Forfeited
 
(190,425
)
 
16.82

Unvested at December 30, 2016
 
334,053

 
$
18.69

Granted
 
207,871

 
14.84

Vested
 
(116,442
)
 
18.36

Forfeited
 
(95,721
)
 
17.73

Unvested at December 29, 2017
 
329,761

 
$
16.69

Summary of stock option activity
The following table summarizes stock option activity during the fiscal years ended December 29, 2017 and December 30, 2016:
 
 
Shares
 
Weighted
Average
Exercise Price
 
Aggregate
Intrinsic
Value
 
Weighted Average
Remaining Contractual
Term (in years)
Outstanding December 25, 2015
 

 
$

 
$

 
0
Granted
 
259,577

 
20.23

 
 

 
 
Exercised
 

 

 
 

 
 
Forfeited
 
(50,506
)
 
20.23

 
 

 
 
Outstanding December 30, 2016
 
209,071

 
$
20.23

 
$

 
9.2
Granted
 

 

 
 
 
 
Exercised
 

 

 
 
 
 
Forfeited
 
(17,263
)
 
20.23

 
 
 
 
Outstanding December 29, 2017
 
191,808

 
$
20.23

 
$
33

 
8.2
Exercisable at December 29, 2017
 

 

 
$

 
0
Key assumptions for weighted average grant date fair value of options
During March 2016, the Company granted 259,577 non-qualified stock options with market condition provisions to its employees at an exercise price of $20.23 and a weighted average grant date fair value of $9.44 using the following key assumptions:
 
 
2016 Market Stock Options
Expected volatility of common stock (based on our historical stock price)
 
42.8
%
Risk-free interest rate (based on U.S. Treasury yields on the date of grant)
 
1.91
%
Expected term (median years until the simulated stock price exceeds target)
 
1.38