Quarterly report pursuant to Section 13 or 15(d)

Stock Incentive Plans (Tables)

v2.4.0.8
Stock Incentive Plans (Tables)
4 Months Ended
Apr. 20, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of average assumptions used in estimation of fair value of options
The weighted-average fair value of non-qualified stock options and the related assumptions used in the pricing model were as follows:
 
Sixteen Weeks Ended
 
 
April 20, 2014
 
April 21, 2013
 
Risk-free interest rate
1.7

%
0.7

%
Expected years until exercise
5.8

 
4.1

 
Expected stock volatility
44.7

%
44.3

%
Dividend yield

%

%
Weighted average Black-Scholes fair value per share at date of grant
$
31.53

 
$
14.84

 
Summary of status of the Company's stock option plans
The following table presents a summary of the Company's stock-based compensation activity for the sixteen weeks ended April 20, 2014 (in thousands):
 
Stock Options
 
Restricted Stock Units
Outstanding, December 29, 2013
491

 
139

Granted
67

 
19

Forfeited/ expired
(6
)
 
(4
)
Exercised/ vested
(42
)
 
(22
)
Outstanding, April 20, 2014
510

 
132

Schedule of recognized expense from stock-based compensation
We recognized expense from stock-based compensation for sixteen weeks ended April 20, 2014 as follows (in thousands):
 
Sixteen Weeks Ended
 
April 20, 2014
 
April 21, 2013
Labor related
$
31

 
$
69

Selling, general and administrative related
978

 
1,123

Total stock-based compensation
$
1,009

 
$
1,192