XML 45 R43.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 29, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Options Roll Forward [Table Text Block]
Stock Options
A summary of the Company’s outstanding stock options as of and for the years ended 2012, 2011 and 2010 are as follows:

 
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(In Years)
 
Aggregate
Intrinsic
Value (a)
(in thousands)
Outstanding as of the year ended 2009
3,917,851

 
$
11.73

 
3.7
 
$
5,513

Granted                                                       
660,000

 
7.02

 
 
 
 
Exercised                                                       
(179,773
)
 
4.73

 
 
 
$
418

Forfeited                                                       
(592,854
)
 
15.23

 
 
 
 
Outstanding as of the year ended 2010
3,805,224

 
$
10.70

 
3.1
 
$
1,075

Granted                                                       
590,000

 
5.62

 
 
 
 
Exercised                                                       
(70,598
)
 
4.04

 
 
 
$
141

Forfeited                                                       
(131,646
)
 
6.89

 
 
 
 
Outstanding as of the year ended 2011
4,192,980

 
$
10.21

 
2.5
 
$

Granted                                                       

 

 
 
 
 
Exercised                                                       

 

 
 
 
$

Forfeited                                                       
(1,966,980
)
 
13.00

 
 
 
 
Outstanding as of the year ended 2012
2,226,000

 
$
7.75

 
2.7
 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable as of the year ended 2010
2,371,974

 
$
13.27

 
2.2
 
$
334

Exercisable as of the year ended 2011
2,761,230

 
$
12.59

 
1.6
 
$

Exercisable as of the year ended 2012
1,405,125

 
$
8.94

 
2.3
 
$

__________________________
(a)
Intrinsic value for purposes of this table represents the amount by which the fair value of the underlying stock, based on the respective market prices as of the years ended 2012, 2011 and 2010 or, if exercised, the exercise dates, exceeds the exercise prices of the respective options.

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
There were no stock option grants in 2012. The weighted-average grant date fair value of stock options granted in 2011, were at exercise prices equal to the market price of the stock on the grant dates, as calculated under the Black-Scholes Model with the weighted-average assumptions are as follows:

 
2011
Weighted average fair value of option grants during the year
$
2.28

Assumptions:
 
Expected option life in years                                                                                     
4.25

Risk-free interest rate                                                                                     
1.46
%
Expected volatility                                                                                     
49.1
%
Expected dividend yield                                                                                     
0.0
%
The risk-free interest rate represents the United States Treasury Bond constant maturity yield approximating the expected option life of stock options granted during the period. The expected option life represents the period of time that the stock options granted during the period are expected to be outstanding, based on the mid-point between the vesting date and contractual expiration date of the option. The expected volatility is based on the historical market price volatility of the Company’s common stock for the expected term of the options, adjusted for expected mean reversion.
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
Restricted Shares and RSUs
A summary of the Company’s non-vested restricted shares and RSUs as of and for the three years ended 2012, 2011 and 2010 is as follows:

 
Restricted
Shares
 
Weighted Average
Grant Date
Fair Value
 
RSUs
 
Weighted Average
Grant Date
Fair Value
Unvested as of the year ended 2009
161,144

 
$
6.53

 
1,896,585

 
$
9.72

Granted                                               

 

 
756,924

 
7.02

Vested                                               
(1,447
)
 
6.53

 
(904,710
)
 
10.48

Forfeited                                               
(134,397
)
 
6.53

 
(28,125
)
 
9.49

Unvested as of the year ended 2010
25,300

 
$
6.53

 
1,720,674

 
$
8.13

Granted                                               

 

 
806,084

 
5.62

Vested                                               

 

 
(745,674
)
 
9.42

Forfeited                                               
(25,300
)
 
6.53

 
(26,250
)
 
6.57

Unvested as of the year ended 2011

 
$

 
1,754,834

 
$
6.46

Granted                                               

 

 
136,840

 
1.90

Vested                                               

 

 
(795,459
)
 
7.02

Forfeited                                               

 

 
(21,875
)
 
7.32

Unvested as of the year ended 2012

 
$

 
1,074,340

 
$
5.44


The total fair value of RSUs which vested during 2012, 2011 and 2010 was $2.0 million, $3.7 million and $5.6 million, respectively, as of the respective vesting dates.