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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Jan. 02, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

Pay Versus Performance

As required by Section 953(a) of the Dodd‐Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S‐K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company.

Pay Versus Performance Table

                              Year-end value of $100
invested on 12/28/19 in:
             
Year     Summary
Compen-
sation Table
Total for
CEO
$
    Compen-
sation
Actually
Paid to CEO
(1)(2)
$
    Average
Summary
Compen-
sation Table
Total for
Non-CEO
NEOs
$
    Average
Compen-
sation
Actually
Paid to Non-
CEO NEOs
(1)(2)(3)
$
    STKL
$
    Compen-
sation
Bench-
marking Peer
Group (3)(4)
$
    Net Income
(Loss) (5)
(in millions)
$
    Adj.
EBITDA (5)
(in millions)
$
 
2023     3,902,874     (2,637,013 )   1,259,170     184,819     219.68     97.67     (21.9 )   78.5  
2022     7,801,397     10,877,055     1,546,931     2,474,398     338.96     87.14     (4.8 )   83.7  
2021     2,342,370     (3,036,263 )   1,214,868     89,154     279.12     105.84     (1.2 )   60.6  
2020     2,679,692     33,746,240     1,396,512     4,841,175     468.67     117.09     82.4     58.7  

(1) Deductions from, and additions to, total compensation in the Summary Compensation Table by year to calculate Compensation Actually Paid include:

    2023     2022     2021     2020  
Joseph Ennen   $     $     $     $  
Total Compensation from Summary Compensation Table   3,902,874     7,801,397     2,342,370     2,679,692  
                         
Adjustments for Equity Awards                        
Adjustment for grant date values in the Summary Compensation Table   (3,080,617 )   (6,907,249 )   (1,582,653 )   (874,998 )
Year-end fair value of unvested awards granted in the current year   1,462,402     10,816,607     280,412     3,733,536  
Year-over-year difference of year-end fair values for unvested awards granted in prior years   (3,206,878 )   926,983     (7,844,369 )   24,110,031  
Fair values at vest date for awards granted and vested in current year   -     -     -     -  
Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years   (461,057 )   (1,760,683 )   3,767,977     4,097,979  
Forfeitures during current year equal to prior year-end fair value   (1,253,737 )   -     -     -  
Dividends or dividend equivalents not otherwise included in total compensation   -     -     -     -  
Total Adjustments for Equity Awards   (6,539,887 )   3,075,658     (5,378,633 )   31,066,548  
                         
Compensation Actually Paid (as calculated)   (2,637,013 )   10,877,055     (3,036,263 )   33,746,240  
                         
    2023     2022     2021     2020  
Average Non-CEO NEOs   $     $     $     $  
Total Compensation from Summary Compensation Table   1,259,170     1,546,931     1,214,868     1,396,512  
                         
Adjustments for Equity Awards                        
Adjustment for grant date values in the Summary Compensation Table   (606,833 )   (1,051,593 )   (760,053 )   (571,054 )
Year-end fair value of unvested awards granted in the current year   288,415     1,612,152     171,193     1,989,110  
Year-over-year difference of year-end fair values for unvested awards granted in prior years   (200,316 )   117,132     (831,535 )   1,696,965  
Fair values at vest date for awards granted and vested in current year   -     -     -     -  
Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years   (103,621 )   249,776     294,681     329,642  
Forfeitures during current year equal to prior year-end fair value   (451,996 )   -     -     -  
Dividends or dividend equivalents not otherwise included in total compensation   -     -     -     -  
Total Adjustments for Equity Awards   (1,074,351 )   927,467     (1,125,714 )   3,444,663  
                         
Compensation Actually Paid (as calculated)   184,819     2,474,398     89,154     4,841,175  
 

(2) Compensation Actually Paid for 2022, 2021, and 2020 as reflected in last year's disclosure have been adjusted to incorporate changes in valuation assumptions used. The following summarizes the valuation assumptions used for stock option awards included as part of Compensation Actually Paid:

- Expected life of each stock option is based on the "simplified method" using an average of the remaining vest and remaining term, as of the vest/FYE date

- Strike price is based on each grant date closing price and asset price is based on each vest/FYE closing price

- Risk free rate is based on the Treasury Constant Maturity rate closest to the remaining expected life as of the vest/FYE date

- Historical volatility is based on daily price history for each expected life (years) prior to each vest/FYE date.  Closing prices provided by S&P Capital IQ

(3) Non-CEO NEOs reflect the average Summary Compensation Table total compensation and average Compensation Actually Paid for the following executives in the following years:

-2023: Greg Gaba, Jill Barnett, Chris Whitehair, Chad Hagen, Michael Buick, and Scott Huckins 

-2022, 2021, and 2020: Scott Huckins, Jill Barnett, Michael Buick, and Chris Whitehair

(4) Reflects our peer group used for compensation benchmarking purposes in 2023. Lifecore Biomedical (formerly known as Landec Corp) was removed from the peer group in 2023, as they are no longer in the foods business. TSR for Vital Farms is measured as of the date of their initial public offering in 2020.

(5) Values for net income (loss) and our most important metric for determining executive compensation, adjusted EBITDA, reflect results from continuing operations for 2023.

Financial Performance Measures

The most important financial performance measures used by the Company to link compensation actually paid to the Company's NEOs for the most recently completed fiscal year to the Company's performance are as follows:

  • Adjusted EBITDA
  • Total Shareholder Return
  • Peer Group Total Shareholder Return

In accordance with SEC rules, the Company is providing the following illustrations of the relationships between information presented in the Pay Versus Performance table above.  Further information regarding our executive compensation program is provided above under the heading "Compensation Discussion and Analysis".

Relationship Between Pay and Performance

The charts shown below present a graphical comparison of compensation actually paid to our CEO and the average compensation actually paid ("CAP") to our other NEOs set forth in the Pay Versus Performance Table above, as compared against the following performance measures: our (1) TSR, (2) peer group TSR, (3) net income, and (4) Adjusted EBITDA.

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formdef14axm013.jpg formdef14axm016.jpg
formdef14axm017.jpg
     
Named Executive Officers, Footnote Non-CEO NEOs reflect the average Summary Compensation Table total compensation and average Compensation Actually Paid for the following executives in the following years:

-2023: Greg Gaba, Jill Barnett, Chris Whitehair, Chad Hagen, Michael Buick, and Scott Huckins 

-2022, 2021, and 2020: Scott Huckins, Jill Barnett, Michael Buick, and Chris Whitehair

     
Peer Group Issuers, Footnote Reflects our peer group used for compensation benchmarking purposes in 2023. Lifecore Biomedical (formerly known as Landec Corp) was removed from the peer group in 2023, as they are no longer in the foods business. TSR for Vital Farms is measured as of the date of their initial public offering in 2020.      
PEO Total Compensation Amount $ 3,902,874 $ 7,801,397 $ 2,342,370 $ 2,679,692
PEO Actually Paid Compensation Amount $ (2,637,013) 10,877,055 (3,036,263) 33,746,240
Adjustment To PEO Compensation, Footnote
    2023     2022     2021     2020  
Joseph Ennen   $     $     $     $  
Total Compensation from Summary Compensation Table   3,902,874     7,801,397     2,342,370     2,679,692  
                         
Adjustments for Equity Awards                        
Adjustment for grant date values in the Summary Compensation Table   (3,080,617 )   (6,907,249 )   (1,582,653 )   (874,998 )
Year-end fair value of unvested awards granted in the current year   1,462,402     10,816,607     280,412     3,733,536  
Year-over-year difference of year-end fair values for unvested awards granted in prior years   (3,206,878 )   926,983     (7,844,369 )   24,110,031  
Fair values at vest date for awards granted and vested in current year   -     -     -     -  
Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years   (461,057 )   (1,760,683 )   3,767,977     4,097,979  
Forfeitures during current year equal to prior year-end fair value   (1,253,737 )   -     -     -  
Dividends or dividend equivalents not otherwise included in total compensation   -     -     -     -  
Total Adjustments for Equity Awards   (6,539,887 )   3,075,658     (5,378,633 )   31,066,548  
                         
Compensation Actually Paid (as calculated)   (2,637,013 )   10,877,055     (3,036,263 )   33,746,240  
                         
     
Non-PEO NEO Average Total Compensation Amount $ 1,259,170 1,546,931 1,214,868 1,396,512
Non-PEO NEO Average Compensation Actually Paid Amount $ 184,819 2,474,398 89,154 4,841,175
Adjustment to Non-PEO NEO Compensation Footnote
    2023     2022     2021     2020  
Average Non-CEO NEOs   $     $     $     $  
Total Compensation from Summary Compensation Table   1,259,170     1,546,931     1,214,868     1,396,512  
                         
Adjustments for Equity Awards                        
Adjustment for grant date values in the Summary Compensation Table   (606,833 )   (1,051,593 )   (760,053 )   (571,054 )
Year-end fair value of unvested awards granted in the current year   288,415     1,612,152     171,193     1,989,110  
Year-over-year difference of year-end fair values for unvested awards granted in prior years   (200,316 )   117,132     (831,535 )   1,696,965  
Fair values at vest date for awards granted and vested in current year   -     -     -     -  
Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years   (103,621 )   249,776     294,681     329,642  
Forfeitures during current year equal to prior year-end fair value   (451,996 )   -     -     -  
Dividends or dividend equivalents not otherwise included in total compensation   -     -     -     -  
Total Adjustments for Equity Awards   (1,074,351 )   927,467     (1,125,714 )   3,444,663  
                         
Compensation Actually Paid (as calculated)   184,819     2,474,398     89,154     4,841,175  
     
Equity Valuation Assumption Difference, Footnote Compensation Actually Paid for 2022, 2021, and 2020 as reflected in last year's disclosure have been adjusted to incorporate changes in valuation assumptions used. The following summarizes the valuation assumptions used for stock option awards included as part of Compensation Actually Paid:

- Expected life of each stock option is based on the "simplified method" using an average of the remaining vest and remaining term, as of the vest/FYE date

- Strike price is based on each grant date closing price and asset price is based on each vest/FYE closing price

- Risk free rate is based on the Treasury Constant Maturity rate closest to the remaining expected life as of the vest/FYE date

- Historical volatility is based on daily price history for each expected life (years) prior to each vest/FYE date.  Closing prices provided by S&P Capital IQ

     
Compensation Actually Paid vs. Total Shareholder Return formdef14axm013.jpg      
Compensation Actually Paid vs. Net Income formdef14axm016.jpg      
Compensation Actually Paid vs. Company Selected Measure
formdef14axm017.jpg
     
Tabular List, Table

Financial Performance Measures

The most important financial performance measures used by the Company to link compensation actually paid to the Company's NEOs for the most recently completed fiscal year to the Company's performance are as follows:

  • Adjusted EBITDA
  • Total Shareholder Return
  • Peer Group Total Shareholder Return
     
Total Shareholder Return Amount $ 219.68 338.96 279.12 468.67
Peer Group Total Shareholder Return Amount 97.67 87.14 105.84 117.09
Net Income (Loss) $ (21,900,000) $ (4,800,000) $ (1,200,000) $ 82,400,000
Company Selected Measure Amount 78,500,000 83,700,000 60,600,000 58,700,000
PEO Name Joseph Ennen Joseph Ennen Joseph Ennen Joseph Ennen
Additional 402(v) Disclosure Values for net income (loss) and our most important metric for determining executive compensation, adjusted EBITDA, reflect results from continuing operations for 2023.      
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted EBITDA      
Measure:: 2        
Pay vs Performance Disclosure        
Name Total Shareholder Return      
Measure:: 3        
Pay vs Performance Disclosure        
Name Peer Group Total Shareholder Return      
Principal Executive Officer Joseph Ennen [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 3,902,874 $ 7,801,397 $ 2,342,370 $ 2,679,692
PEO Actually Paid Compensation Amount (2,637,013) 10,877,055 (3,036,263) 33,746,240
Adjustment to Compensation, Amount (6,539,887) 3,075,658 (5,378,633) 31,066,548
Principal Executive Officer Joseph Ennen [Member] | Adjustment For Grant Date Values In Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (3,080,617) (6,907,249) (1,582,653) (874,998)
Principal Executive Officer Joseph Ennen [Member] | Year End Fair Value Of Unvested Awards Granted In Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,462,402 10,816,607 280,412 3,733,536
Principal Executive Officer Joseph Ennen [Member] | Year Over Year Difference Of Year End Fair Values For Unvested Awards Granted In Prior Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (3,206,878) 926,983 (7,844,369) 24,110,031
Principal Executive Officer Joseph Ennen [Member] | Fair Values At Vest Date For Awards Granted And Vested In Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Principal Executive Officer Joseph Ennen [Member] | Difference In Fair Values Between Prior Year End Fair Values And Vest Date Fair Values For Awards Granted In Prior Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (461,057) (1,760,683) 3,767,977 4,097,979
Principal Executive Officer Joseph Ennen [Member] | Forfeitures During Current Year Equal To Prior Year End Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,253,737) 0 0 0
Principal Executive Officer Joseph Ennen [Member] | Dividends Or Dividend Equivalents Not Otherwise Included In Total Compensation [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Named Executive Officers Non Chief Executive Officer [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount 1,259,170 1,546,931 1,214,868 1,396,512
PEO Actually Paid Compensation Amount 184,819 2,474,398 89,154 4,841,175
Adjustment to Compensation, Amount (1,074,351) 927,467 (1,125,714) 3,444,663
Named Executive Officers Non Chief Executive Officer [Member] | Adjustment For Grant Date Values In Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (606,833) (1,051,593) (760,053) (571,054)
Named Executive Officers Non Chief Executive Officer [Member] | Year End Fair Value Of Unvested Awards Granted In Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 288,415 1,612,152 171,193 1,989,110
Named Executive Officers Non Chief Executive Officer [Member] | Year Over Year Difference Of Year End Fair Values For Unvested Awards Granted In Prior Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (200,316) 117,132 (831,535) 1,696,965
Named Executive Officers Non Chief Executive Officer [Member] | Fair Values At Vest Date For Awards Granted And Vested In Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Named Executive Officers Non Chief Executive Officer [Member] | Difference In Fair Values Between Prior Year End Fair Values And Vest Date Fair Values For Awards Granted In Prior Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (103,621) 249,776 294,681 329,642
Named Executive Officers Non Chief Executive Officer [Member] | Forfeitures During Current Year Equal To Prior Year End Fair Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (451,996) 0 0 0
Named Executive Officers Non Chief Executive Officer [Member] | Dividends Or Dividend Equivalents Not Otherwise Included In Total Compensation [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0