Stock-Based Compensation (Tables)

9 Months Ended

Oct. 03, 2021

Share-based Payment Arrangement [Abstract]

Summary of Nonvested Share Activity [Table Text Block]

The following is a summary of all non-vested shares activity for the nine months ended October 3, 2021:

	Shares	Weighted Average Grant Date Price
Non-vested at January 3, 2021	1,167,848	$	7.02
Granted	987,744	$	6.94
Vested	(526,462)	$	7.95
Forfeited	(283,175)	$	7.22
Non-vested at October 3, 2021	1,345,955	$	6.55

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

summary of all RSU activity for the nine months ended October 3, 2021:

	Units
Non-vested at January 3, 2021	37,456
Granted	99,317
Vested	(19,958)
Non-vested at October 3, 2021	116,815

Share-based Payment Arrangement, Option, Activity

The following is a summary of all stock option activity for the nine months ended October 3, 2021:

	Options	Weighted Average Exercise Price	Average Remaining Contractual Life (in years)	Aggregate Intrinsic Value (1)
Options outstanding at January 3, 2021	1,050,000	$7.12
Vested	(348,500)
Forfeited	(25,000)	$7.12
Options Outstanding at October 3, 2021	676,500	$7.12	5.9	$—
Vested or expected to vest at October 3, 2021	676,500	$7.12	5.9	$—
Options exercisable at October 3, 2021	—

(1) The aggregate intrinsic value is calculated using the difference between the market price of the Company's common stock at October 3, 2021 of $3.79 and the grant price for only those awards that have a grant price that is less than the market price of the Company's common stock at October 3, 2021. There were no awards having a grant price less than the market price of the Company's common stock at October 3, 2021.