Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v2.4.0.6
Stock Based Compensation (Tables)
12 Months Ended
Dec. 29, 2012
Stock Based Compensation [Abstract]  
Summary of the Company's stock option plan

A summary of the Company’s stock option plan for the years ended December 31, 2011, and January 1, 2011 is summarized as follows:

 

                                         
    Number
of shares
    Exercise
price
range
    Weighted
average
exercise price
 
    (share amounts are in thousands)  
           

Under option, January 2, 2010

    24     $ 2.00       —         8.18     $ 4.26  

(24 shares exercisable)

                                       

Granted

    —       $ —         —         —       $ —    

Exercised

    (15   $  2.00       —         3.66     $ 2.80  

Forfeitures

    —       $ —         —         —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Under option, January 1, 2011

    9     $ 3.66       —         8.18     $ 6.67  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

(9 shares exercisable)

                                       

Granted

    —       $ —         —         —       $ —    

Exercised

    (9   $ 2.00               8.18     $ 6.67  

Forfeitures

    —       $ —         —         —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Under option, December 31, 2011

    —       $ —         —         —       $ —    
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

(0 shares exercisable)

                                       
Summary of restricted stock activity

A summary of the Company’s restricted stock for the years ended December 29, 2012, December 31, 2011, and January 1, 2011, is summarized as follows:

 

                 
    Number
of shares
    Weighted
average
grant-date
fair value
 
     

Nonvested balance at January 2, 2010

    113     $ 14.52  

Granted

    69       20.74  

Vested

    (53     15.60  

Forfeitures

    —         —    
   

 

 

   

 

 

 

Nonvested balance at January 1, 2011

    129     $ 17.41  

Granted

    88       28.41  

Vested

    (63     16.04  

Forfeitures

    —         —    
   

 

 

   

 

 

 

Nonvested balance at December 31, 2011

    154     $ 24.25  

Granted

    89       25.41  

Vested

    (72     21.95  

Forfeitures

    (2     26.12  
   

 

 

   

 

 

 

Nonvested balance at December 29, 2012

    169     $ 25.81