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Stock-Based Compensation (Notes)
 6 Months Ended
Jun. 30, 2013
Share-based Compensation [Abstract]  
Stock-Based Compensation
Stock-Based Compensation
Stock-based compensation expense for the three and six months ended June 30, 2013 was $0.3 million and $0.6 million, respectively and for the three and six months ended July 1, 2012 was $0.2 million and $0.3 million, respectively. As of June 30, 2013, the total unrecognized stock-based compensation expense relating to non-vested shares was approximately $3.0 million, which the Company expects to recognize over a remaining weighted average vesting period for non-vested shares of 2.5 years. The Company expects to record an additional $0.6 million as compensation expense for the remainder of 2013.
On June 11, 2013, the Company granted 12,867 non-vested shares to certain directors of the Company. These shares vest and become non-forfeitable 20% per year and are being expensed over their five year vesting period.
A summary of all non-vested shares activity for the six months ended June 30, 2013 was as follows:
 
Shares
 
Weighted Average Grant Date Price
Nonvested at December 30, 2012
934,628

 
$
7.84

Granted
12,867

 
5.83

Vested
(158,481
)
 
10.56

Forfeited
(15,536
)
 
10.13

Nonvested at June 30, 2013
773,478

 
$
7.20


The fair value of the non-vested shares is based on the closing price on the date of grant. The weighted average grant date fair value for non-vested shares issued during the three months ended June 30, 2013 was $5.83.