Stock-Based Compensation (Notes)

9 Months Ended

Sep. 27, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-based compensation expense in the three months ended September 27, 2015 and September 28, 2014 was $0.4 million and $0.3 million, respectively, and for the nine months ended September 27, 2015 and September 28, 2014 was $1.1 million and $0.9 million, respectively. As of September 27, 2015, the total unrecognized stock-based compensation expense relating to non-vested shares was approximately $2.9 million, which the Company expects to recognize over a remaining weighted average vesting period for non-vested shares of 2.6 years. The Company expects to record an additional $0.4 million as compensation expense for the remainder of 2015.

A summary of all non-vested shares activity for the nine months ended September 27, 2015 was as follows:



	Shares		Weighted Average Grant Date Price
Non-vested at December 28, 2014	395,427		$	6.68
Granted	295,741		7.89
Vested	(209,470	)	7.28
Forfeited	(9,748	)	6.21
Non-vested at September 27, 2015	471,950		7.39

The fair value of the non-vested shares is based on the closing price on the date of grant.