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Omnibus Incentive Plan (The “OI Plan”) (Tables)
12 Months Ended
Dec. 29, 2012
Omnibus Incentive Plan (The “OI Plan”) [Abstract]  
Key Assumptions Used To Value Stock Options Granted

 

 

 

 

 

 

 

 

 

2011

 

2010

Weighted average fair value per share of stock options granted

 

 

$4.40

 

$1.28

 

 

 

 

 

 

Key assumptions used to value stock options granted:

 

 

 

 

 

Weighted average risk-free rate

 

 

2.21%

 

1.56%

Average expected life in years

 

 

5

 

3

Volatility

 

 

44.97%

 

43.32%

Dividend yield

 

 

0%

 

0%

 

Intrinsic Values Of Stock Options Exercised

 

DECEMBER 29, 2012

 

DECEMBER 31, 2011

Stock price used to determine intrinsic values at end of year

$10.69

 

$11.31

 

 

 

 

(MILLIONS OF DOLLARS)

 

 

 

Intrinsic value of stock options outstanding at end of year

$7.0

 

$8.6

Intrinsic value of stock options exercisable at end of year

$7.0

 

$8.5

Intrinsic value of stock options exercised

$0.8

 

$1.4

 

Fair Value Of Shares Vested And Related Compensation Expense

 

 

 

 

 

 

(MILLIONS OF DOLLARS)

2012

 

2011

 

2010

Fair value of shares vested at vesting dates

$2.2

 

$1.8

 

$1.4

Compensation expense recognized

$2.1

 

$1.3

 

$1.1

 

Stock Plan Activity

 

 

 

 

 

 

 

 

SHARES

 

WEIGHTED AVERAGE EXERCISE PRICE

 

SHARES RESERVED

Shares reserved at December 31, 2011

 

 

 

 

 

2,141,621 

Stock Options:

 

 

 

 

 

 

Outstanding at December 31, 2011

1,278,241 

 

$
4.62 

 

 

 -

Exercised

(167,501)

 

$
6.16 

 

 

(167,501)

Cancelled

(1,750)

 

$
7.11 

 

 

 -

Outstanding at December 29, 2012

1,108,990 

 

$
4.38 

 

 

 

 

 

 

WEIGHTED AVERAGE GRANT DATE FAIR VALUE

 

 

Non-Vested Equity Shares:

 

 

 

 

 

 

Outstanding at December 31, 2011

704,920 

 

$
6.00 

 

 

 -

Granted

343,800 

 

$
9.62 

 

 

(343,800)

Vested

(224,485)

 

$
4.71 

 

 

 -

Cancelled

(34,166)

 

$
4.74 

 

 

34,166 

Outstanding at December 29, 2012

790,069 

 

$
9.07 

 

 

 

 

 

 

 

 

 

 

Director Retainers

17,900 

 

$
10.05 

 

 

(17,900)

Shares reserved at December 29, 2012

 

 

 

 

 

1,646,586