XML 117 R61.htm IDEA: XBRL DOCUMENT v3.19.1
STOCK BASED COMPENSATION (Tables)
3 Months Ended 12 Months Ended
Mar. 30, 2019
Dec. 29, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Summary assumptions utilized to calculate fair value of stock options granted

 

 

 

 

 

Three Months Ended

 

 

March 30,

 

    

2019

Expected option term

 

6 years

Expected stock price volatility

 

27%

Risk-free interest rate

 

2.5%

Expected dividend yield

 

–%

 

 

 

 

 

 

 

 

 

 

Fiscal

 

    

2018

    

2017

    

2016

Expected option term

 

6 years

 

5 - 6 years

 

6 years

Expected stock price volatility

 

35%

 

30%

 

30% - 35%

Risk-free interest rate

 

2.99%

 

2.05% - 2.18%

 

1.31% - 1.57%

Expected dividend yield

 

–%

 

–%

 

–%

 

Summary of the performance based RSUs, RSUs, and DSUs  

A summary of the performance-based RSUs, RSUs, and DSUs is as follows for the periods indicated (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Performance-Based

  

 

  

 

 

  

Restricted Stock Units

  

Restricted Stock Units

  

Deferred Stock Units

 

  

 

  

Weighted

  

 

  

Weighted

  

 

  

Weighted

 

  

Number of

  

Average Grant

  

Number of

  

Average Grant

  

Number of

  

Average Grant

 

  

RSUs

  

Date Fair Value

  

RSUs

  

Date Fair Value

  

DSUs

  

Date Fair Value

Balance, December 30, 2017

  

 —

  

$

 —

  

 —

  

$

 —

  

 —

  

$

 —

Granted

  

1,426

  

 

31.74

  

 7

  

 

17.00

  

13

  

 

17.00

Vested

  

 —

  

 

 —

  

 —

  

 

 —

  

 —

  

 

 —

Forfeited/cancelled

  

(15)

  

 

31.74

  

 —

  

 

 —

  

 —

  

 

 —

Balance, December 29, 2018

  

1,411

  

$

31.74

  

 7

  

$

17.00

  

13

  

$

17.00

 

Stock Options    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Summary of stock options  

A summary of the stock options is as follows for the periods indicated (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

Weighted

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

Weighted

 

Remaining

 

Aggregate

 

 

Number of

 

Average Exercise

 

Contractual

 

Intrinsic

 

 

Options

 

Price

 

Term (Years)

 

Value

Balance, December 31, 2015

 

5,488

 

$

1.27

 

7.41

 

 

 

Granted

 

166

 

 

50.80

 

 

 

 

 

Exercised

 

(1,564)

 

 

0.38

 

 

 

 

 

Forfeited/cancelled

 

(592)

 

 

0.73

 

 

 

 

 

Expired

 

 —

 

 

 —

 

 

 

 

 

Balance, December 31, 2016

 

3,498

 

$

4.10

 

5.99

 

 

 

Granted

 

77

 

 

53.51

 

 

 

 

 

Exercised

 

(156)

 

 

0.65

 

 

 

 

 

Forfeited/cancelled

 

(529)

 

 

5.71

 

 

 

 

 

Expired

 

(6)

 

 

46.63

 

 

 

 

 

Balance, December 30, 2017

 

2,884

 

$

5.22

 

6.10

 

 

 

Granted

 

761

 

 

18.00

 

 

 

 

 

Exercised

 

(560)

 

 

0.47

 

 

 

 

 

Forfeited/cancelled

 

(172)

 

 

47.91

 

 

 

 

 

Expired

 

(24)

 

 

53.55

 

 

 

 

 

Balance, December 29, 2018

 

2,889

 

$

6.56

 

6.48

 

$

23,844

Exercisable, December 29, 2018

 

1,733

 

$

2.36

 

5.11

 

$

21,596

 

Non-vested stock options    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Summary of stock options  

The following is a summary of our non‑vested stock options for the periods indicated (in thousands, except per share data):

 

 

 

 

 

 

 

 

    

Shares Under

    

 

Weighted

 

 

Outstanding

 

 

Average Grant

 

 

Options

 

 

Date Fair Value

Non-vested options at January 1, 2018

 

1,433

 

$

20.02

Granted

 

761

 

 

7.22

Forfeited (1)

 

(141)

 

 

17.83

Vested

 

(898)

 

 

16.94

Non-vested options at December 29, 2018

 

1,155

 

$

14.25

_________________________

Amount does not include 31,095 of vested stock options cancelled in June 2018.