Rendering
| Component: (Network and Table) |
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| Network | 2317301 - Disclosure - Stock-Based Compensation (Tables) (http://www.cenveo.com/role/StockBasedCompensationTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0000920321 (http://www.sec.gov/CIK) |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | Period [Axis] |
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2016-01-03 - 2016-12-31 |
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Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |
Summary of stock options outstanding | Stock Options A summary of the Company’s outstanding stock options as of and for the years ended 2016 and 2015 is as follows: | | | | | | | | | | | | | | | | | Options | | Weighted
Average
Exercise
Price | | Weighted
Average
Remaining
Contractual
Term
(In Years) | | Aggregate
Intrinsic
Value (1)(in thousands) | Outstanding as of the year ended 2014 | | 208,813 |
| | $ | 41.44 |
| | 1.4 | | $ | 29 |
| Granted | | 85,687 |
| | 19.04 |
| | | | | Exercised | | — |
| | — |
| | | | $ | — |
| Forfeited/expired | | (104,250 | ) | | 35.12 |
| | | | | Outstanding as of the year ended 2015 | | 190,250 |
| | $ | 34.56 |
| | 3.0 | | $ | — |
| Granted | | — |
| | — |
| | | | | Exercised | | — |
| | — |
| | | | $ | — |
| Forfeited/expired | | (60,885 | ) | | 52.09 |
| | | | | Outstanding as of the year ended 2016 | | 129,365 |
| | $ | 26.31 |
| | 2.9 | | $ | — |
| Exercisable as of the year ended 2016 | | 69,684 |
| | $ | 32.71 |
| | 1.7 | | $ | — |
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__________________________ | | (1) | 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 2016, 2015 and 2014, or, if exercised, the exercise dates, exceeds the exercise prices of the respective options. |
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Schedule of stock option fair value assumptions | The weighted average grant date fair value of stock options granted during the year ended 2015, 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 as follows: | | | | | | | | 2015 | Weighted average fair value of option grants during the year | | $ | 6.88 |
| Assumptions: | | | Expected option life in years | | 4.25 |
| Risk-free interest rate | | 1.24 | % | Expected volatility | | 43.0 | % | Expected dividend yield | | 0.0 | % |
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Schedule of nonvested restricted share unit activity | RSUs A summary of the Company’s non-vested RSUs as of and for the years ended 2016 and 2015 is as follows:
| | | | | | | | | | | RSUs | | Weighted Average
Grant Date
Fair Value | Unvested as of the year ended 2014 | | 64,108 |
| | $ | 25.76 |
| Granted | | 86,994 |
| | 19.04 |
| Vested | | (40,858 | ) | | 31.36 |
| Forfeited | | (5,157 | ) | | 18.00 |
| Unvested as of the year ended 2015 | | 105,087 |
| | $ | 18.43 |
| Granted | | 20,961 |
| | 9.66 |
| Vested | | (43,084 | ) | | 18.29 |
| Forfeited | | — |
| | — |
| Unvested as of the year ended 2016 | | 82,964 |
| | $ | 16.28 |
|
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Schedule of nonvested performance share unit activity | PSUs
A summary of the Company's non-vested PSUs as of and for the years ended 2016 and 2015 is as follows:
| | | | | | | | | | | PSUs | | Weighted Average
Grant Date
Fair Value | Unvested as of the year ended 2014 | | — |
| | $ | — |
| Granted | | 73,750 |
| | 19.04 |
| Vested | | — |
| | — |
| Forfeited | | (3,125 | ) | | 19.04 |
| Unvested as of the year ended 2015 | | 70,625 |
| | $ | 19.04 |
| Granted | | — |
| | — |
| Vested | | (70,625 | ) | | 19.04 |
| Forfeited | | — |
| | — |
| Unvested as of the year ended 2016 | | — |
| | $ | — |
|
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