Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Impact of Stock-Based Compensation in Consolidation and Combined Statements of Income
Stock-based compensation expense and the associated tax benefits impacting our Condensed Consolidated Statements of Income were as follows:
(In thousands)

March 31, 2017
 
April 1, 2016
Compensation costs for equity-based awards

$
983

 
$
1,476

Compensation costs for liability-based awards

104

 
237

Total compensation costs, pre-tax

$
1,087

 
$
1,713

Future tax benefit

$
387

 
$
610
Schedule of Non-Qualified Stock Options, Activity
summary of the activities for NQOs and RSUs for the three months ended March 31, 2017:
 
 
NQOs
 
RSUs
(In thousands, except per share data)
 
Shares
 
Weighted Average Exercise Price Per Share
 
Shares
 
Weighted Average Grant Date Fair Value Per Share
Outstanding at January 1, 2017
 
384

 
$21.47
 
285

 
$23.01
Granted
 
65

 
$21.94
 
111

 
$21.97
Exercised
 
(2
)
 
$20.62
 
 
 
 
Vested
 
 
 
 
 
(79
)
 
$24.47
Forfeited or expired
 
(1
)
 
$32.04
 
—

 
 
Outstanding at March 31, 2017
 
446

 
$21.53
 
317

 
$22.29
Schedule of Weighted Average Assumptions
The following weighted-average assumptions were utilized in deriving the fair value for NQOs for the three months ended March 31, 2017:
Expected volatility
 
31.0
%
Expected life (in years)
 
7

Risk-free rates
 
2.30
%
Weighted-average grant date fair value per share
 
$8.20