Quarterly report pursuant to Section 13 or 15(d)

Stock Incentive Plans (Tables)

v2.4.0.8
Stock Incentive Plans (Tables)
 9 Months Ended
Oct. 05, 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:
 
Twelve Weeks Ended
 
Forty Weeks Ended
 
 
October 5, 2014
 
October 6, 2013
 
October 5, 2014
 
October 6, 2013
 
Risk-free interest rate
1.4

%
N/A
 
1.7

%
0.7

%
Expected years until exercise
4.2

 
N/A
 
5.7

 
4.2

 
Expected stock volatility
40.2

%
N/A
 
44.6

%
44.4

%
Dividend yield
—

%
N/A
 
—

%
—

%
Weighted average Black-Scholes fair value per share at date of grant
$
18.12

 
N/A
 
$
30.70

 
$
15.19

 
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 forty weeks ended October 5, 2014 (in thousands):
 
Stock Options
 
Restricted Stock Units
Outstanding, December 29, 2013
491

 
139

Granted
76

 
37

Forfeited/expired
(10
)
 
(5
)
Exercised/vested
(68
)
 
(70
)
Outstanding, October 5, 2014
489

 
101

Schedule of recognized expense from stock-based compensation
We recognized expense from stock-based compensation for twelve weeks and forty weeks ended October 5, 2014 and October 6, 2013 as follows (in thousands):
 
Twelve Weeks Ended
 
Forty Weeks Ended
 
October 5, 2014
 
October 6, 2013
 
October 5, 2014
 
October 6, 2013
Restaurant related
$
16

 
$
25

 
$
65

 
$
129

Selling, general and administrative related
1,162

 
831

 
3,146

 
2,970

Total stock-based compensation
$
1,178

 
$
856

 
$
3,211

 
$
3,099