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Stock-Based Compensation
 3 Months Ended
Apr. 01, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
Stock-Based Compensation
    
On April 27, 2017, the Company's shareholders approved the 2017 Long-Term Equity Incentive Plan, which authorizes the issuance of up to 400,000 shares of the Company’s common stock. Any unused shares previously authorized under prior plans that have not been issued were not carried forward into the 2017 Long-Term Equity Incentive Plan.

Total stock-based compensation expense recognized in selling, general and administrative expenses in the Company’s statements of operations was $0.2 million and $0.6 million for the three months ended April 1, 2017, and April 2, 2016, respectively.
 
As of April 1, 2017, there was approximately $1.1 million of total unrecognized compensation cost related to unvested stock-based compensation grants, which is expected to be amortized over a weighted average period of 2.0 years.

Stock Options

A summary of the Company’s outstanding stock options as of and for the three months ended April 1, 2017, is as follows:
 
 
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(In Years)
 
Aggregate
Intrinsic
Value (in thousands)
Outstanding at December 31, 2016
 
129,365

 
$
26.31

 
2.9
 
$
—

Granted                                                       
 
—

 
—

 
 
 
 
Exercised                                                       
 
—

 
—

 
 
 
$
—

Forfeited/expired                                               
 
(40,620
)
 
43.27

 
 
 
 
Outstanding at April 1, 2017
 
88,745

 
$
18.55

 
3.8
 
$
—

Exercisable at April 1, 2017
 
30,313

 
$
17.96

 
3.4
 
$
—



RSUs

A summary of the Company’s non-vested RSUs as of and for the three months ended April 1, 2017, is as follows:

 
 
RSUs
 
Weighted Average
Grant Date
Fair Value
Unvested at December 31, 2016
 
82,964

 
$
16.28

Granted                                               
 
—

 
—

Vested                                               
 
—

 
—

Forfeited                                               
 
(1,875
)
 
18.03

Unvested at April 1, 2017
 
81,089

 
$
16.24