Share-Based Compensation Share-based Compensation (Tables)

12 Months Ended

Jan. 02, 2016

Compensation Related Costs [Abstract]

Share-based Compensation Expense, Manager Share Appreciation Plan, COS and SGandA [Table Text Block]

Included in cost of goods sold and SG&A expense is MSAP compensation expense, net of estimated forfeitures, that have been included in the statements of operations for all MSAP compensation arrangements as follows:

(in thousands)	2015			2014		2013
Cost of goods sold	$	(11	)	$	33	$	18
Selling, general and administrative expense	(216		)	388		77
MSAP compensation expense	$	(227	)	$	421	$	95

Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]

A summary of PSU activity in 2015 and 2014 is as follows:

	Number of PSU's		Weighted Average Grant Date Fair Value
Unvested at year-end 2013	—
Granted	82,324		12.03
Vested	—
Canceled	(82,324	)	12.03
Unvested at year-end 2014	—		—
Granted	83,991		11.03
Vested	—
Forfeited	(3,333	)	11.03
Unvested at year-end 2015 (weighted-average remaining vesting period of 2.3 years)	80,658		11.02

Share-based Compensation Expense COGS & SG&A [Table Text Block]

Included in cost of goods sold and SG&A expense is share-based compensation expense, net of estimated forfeitures, that have been included in the statements of income for all share-based compensation arrangements as follows:

(in thousands)	2015		2014		2013
Cost of goods sold	$	448	$	429	$	609
Selling, general and administrative expense	2,339		2,680		2,598
Share-based compensation expense	$	2,787	$	3,109	$	3,207

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the Company’s stock option activity in 2015, 2014 and 2013 is as follows:

	Number of Shares		Weighted Average Exercise Price	Weighted Average Option Grant Date Fair Value
Outstanding at year-end 2012 (1,678,468 stock options exercisable at a weighted-average exercise price of $11.25)	2,516,731		11.05	5.21
Granted	208,834		11.70	4.08
Exercised	(649,305	)	6.79	2.48
Forfeited	(61,763	)	10.75	4.15
Expired	(314,611	)	14.52	9.19
Outstanding at year-end 2013 (1,179,770 stock options exercisable at a weighted-average exercise price of $12.63)	1,699,886		12.13	5.43
Granted	—		—	—
Exercised	(236,052	)	7.14	2.54
Forfeited	(47,924	)	10.96	4.12
Expired	(324,832	)	19.86	11.39
Outstanding at year-end 2014 (896,687 stock options exercisable at a weighted-average exercise price of $10.87)	1,091,078		10.95	4.32
Granted	—		—	—
Exercised	(106,783	)	10.69	4.18
Forfeited	(17,823	)	11.19	4.09
Expired	(345,984	)	11.12	4.49
Outstanding at year-end 2015 (575,015 stock options exercisable at a weighted-average exercise price of $10.82)	620,488		10.88	4.26

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

Additional information for options outstanding at year-end 2015 is as follows:

	Outstanding Options				Exercisable Options
Range of Exercise Prices	Shares Underlying	Weighted Average Remaining Contractual Term (Years)	Weighted Average Exercise Price		Exercisable Shares	Weighted Average Remaining Contractual Term (Years)	Weighted Average Exercise Price
$   7.01 –   10.75	376,485	2.8	10.31		376,485	2.8	10.31
10.76 –   15.54	244,003	4.0	11.76		198,530	3.9	11.78
$   7.01 –   15.54	620,488	3.3	$	10.88	575,015	3.2	$	10.82

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

A summary of RSU activity in 2015, 2014 and 2013 is as follows:

	Number of RSU's		Weighted Average Grant Date Fair Value
Unvested at year-end 2012 (weighted-average remaining vesting period of 2.0 years)	274,851		10.50
Granted	228,488		11.76
Vested	(116,504	)
Forfeited	(40,451	)	11.02
Unvested at year-end 2013 (weighted-average remaining vesting period of 1.8 years)	346,384		11.31
Granted	220,777		11.78
Vested	(163,990	)
Forfeited	(55,008	)	11.56
Unvested at year-end 2014 (weighted-average remaining vesting period of 1.6 years)	348,163		11.60
Granted	251,164		10.66
Vested	(169,692	)
Forfeited	(41,479	)	11.71
Unvested at year-end 2015 (weighted-average remaining vesting period of 1.6 years)	388,156		11.11

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

Assumptions used in determining the fair value of shares issued under the Buying Plan during 2015, 2014 and 2013 were as follows:

	2015	2014		2013
Expected price volatility	35%-36%	30%-34%		22%-28%
Risk-free interest rate	0.1% - 0.3%	0.1	%	0.1	%
Weighted-average expected term (years)	0.5	0.5		0.5
Dividend yield	—	—		—

Schedule of Share-based Payment Award, Manager Share Appreciation Plan, Valuation Assumptions [Table Text Block]

Assumptions used in determining the fair value of the MSAP awards during 2015, 2014 and 2013 were as follows:

	2015	2014	2013
Expected price volatility	32%-39%	34%-37%	34	%
Risk-free interest rate	0.5%-1.2%	0.8%-1.4%	1.4	%
Weighted-average expected term (years)	4.2	4.1	4.2
Dividend yield	—	—	—

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The Company has determined the fair value of options awarded by applying the Black-Scholes Merton option pricing valuation model and using following assumptions:

	2015		2014		2013
Expected price volatility	—	%	—	%	41	%
Risk-free interest rate	—	%	—	%	0.6% - 0.9%
Weighted-average expected term (years)	0.0		0.0		4.5
Dividend yield	—		—		—

Schedule of Share-based Payment Award, Manager Share Appreciation Plan, Activity [Table Text Block]

A summary of the MSAP award activity in 2015, 2014 and 2013 is as follows:

	Number of MSAP's
Unvested at year-end 2012	148,750
Granted	163,125
Vested	(43,230	)
Forfeited	(30,875	)
Unvested at year-end 2013	237,770
Granted	244,750
Vested	(78,911	)
Forfeited	(73,250	)
Unvested at year-end 2014	330,359
Granted	242,400
Vested	(103,648	)
Awards paid out	(382,054	)
Forfeited	(87,057	)
Unvested at year-end 2015	—