XML 53 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Mar. 26, 2017
Stock-Based Compensation  
Schedule of Performance Stock Unit activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

    

2016

 

2015

 

 

 

 

 

Weighted

 

 

 

Weighted

 

 

 

Weighted

 

 

 

 

 

Average Fair

 

 

 

Average Fair

 

 

 

Average Fair

 

 

 

Shares

 

Value at Grant

 

Shares

 

Value at Grant

 

Shares

 

Value at Grant

 

Unvested shares available for issue under outstanding PSUs, beginning of period

 

138,925

 

$

21.46

 

203,841

 

$

20.65

 

317,127

 

$

15.96

 

PSU’s Granted

 

207,000

 

 

10.77

 

103,000

 

 

22.15

 

91,000

 

 

29.28

 

PSU’s Vested

 

(27,671)

 

 

19.40

 

(87,648)

 

 

13.88

 

(125,347)

 

 

14.44

 

PSU’s Forfeited/Cancelled

 

(148,154)

 

 

18.72

 

(80,268)

 

 

28.57

 

(78,939)

 

 

21.61

 

Unvested shares available for issue under outstanding PSUs, end of period

 

170,100

 

$

11.17

 

138,925

 

$

21.46

 

203,841

 

$

20.65

 

 

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

 

 

2017

    

2016

 

 

 

 

Weighted

 

 

 

Weighted

 

 

 

 

Average Fair

 

 

 

Average Fair

 

 

Shares

 

Value at Grant

 

Shares

 

Value at Grant

Unvested shares available for issue under outstanding options, beginning of period

 

100,000

 

$

3.43

 

 —

 

 

 —

Options Granted

 

410,000

 

 

1.85

 

100,000

 

 

 —

Options Vested

 

(25,000)

 

 

3.55

 

 —

 

 

 —

Option’s Forfeited/Cancelled

 

(90,000)

 

 

2.64

 

 —

 

 

 —

Unvested shares available for issue under outstanding Options, end of period

 

395,000

 

$

1.96

 

100,000

 

$

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 26, 2017

Grant Year

 

Options Granted

 

 

Option Exercise Price

 

Options Outstanding

 

Options Exercisable

2017

 

410,000

 

$

12.57

 

360,000

 

 -

2016

 

100,000

 

$

22.42

 

60,000

 

25,000

Total

 

510,000

 

 

 

 

420,000

 

25,000

 

Schedule of assumptions of Black-Scholes-Merton option pricing model

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Grant Year

 

Expected Stock Price Volatility

 

Risk-Free Interest rate

 

Expected Dividend Yield

 

Average Expected Term

 

Resulting Black Scholes Value

2017

 

32.85

%

 

1.32

%

 

6.30

%

 

4.0

 

$

1.85

2016

 

26.40

%

 

1.67

%

 

3.50

%

 

4.0

 

$

3.43