Stock-Based Compensation (Notes)

6 Months Ended

Jul. 02, 2017

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

Stock-based compensation expense for three months ended July 2, 2017 and July 3, 2016 was $0.9 million and $0.6 million, respectively, and was $1.8 million and $1.2 million for the six months ended July 2, 2017 and July 3, 2016, respectively.

A summary of all non-vested shares activity for the six months ended July 2, 2017 was as follows:



	Shares		Weighted Average Grant Date Price
Non-vested at January 1, 2017	577,221		$	10.42
Granted	366,580		15.05
Vested	(168,822	)	10.05
Forfeited	(43,669	)	12.84
Non-vested at July 2, 2017	731,310		$	12.68

The fair value of non-vested shares is based on the closing price on the date of grant. As of July 2, 2017, the total non-vested stock-based compensation expense was approximately $7.7 million and the remaining weighted average vesting period for non-vested shares was 2.3 years. The Company expects to record an additional $1.7 million in stock-based compensation expense related to the vesting of these awards for the remainder of 2017.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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