Quarterly report pursuant to Section 13 or 15(d)

Stock Incentive Plans (Tables)

v2.4.1.9
Stock Incentive Plans (Tables)
 4 Months Ended
Apr. 19, 2015
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 19, 2015
 
April 20, 2014
 
Risk-free interest rate
1.4

%
1.7

%
Expected years until exercise
4.8

 
5.8

 
Expected stock volatility
40.6

%
44.7

%
Dividend yield
—

%
—

%
Weighted average Black-Scholes fair value per share at date of grant
$
29.69

 
$
31.53

 
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 19, 2015 (in thousands):
 
Stock Options
 
Restricted Stock Units
Outstanding, December 28, 2014
462

 
101

Granted
70

 
20

Forfeited/expired
(26
)
 
(6
)
Exercised/vested
(71
)
 
(17
)
Outstanding, April 19, 2015
435

 
98

Schedule of recognized expense from stock-based compensation
We recognized expense from stock-based compensation for the sixteen weeks ended April 19, 2015 and April 20, 2014 as follows (in thousands):
 
Sixteen Weeks Ended
 
April 19, 2015
 
April 20, 2014
Restaurant related
$
35

 
$
31

Selling, general, and administrative related
1,411

 
978

Total stock-based compensation
$
1,446

 
$
1,009