Quarterly report pursuant to Section 13 or 15(d)

Stock Incentive Plans (Tables)

v3.5.0.2
Stock Incentive Plans (Tables)
 6 Months Ended
Jul. 10, 2016
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 for periods in which options were granted were as follows:
 
Twelve Weeks Ended
 
Twenty-eight Weeks Ended
 
July 10, 2016
 
July 12, 2015
 
July 10, 2016
 
July 12, 2015
Risk-free interest rate
1.1
%
 
1.6
%
 
1.2
%
 
1.4
%
Expected years until exercise
4.3

 
4.8

 
4.7

 
4.8

Expected stock volatility
37.2
%
 
39.4
%
 
39.2
%
 
40.6
%
Dividend yield
—
%
 
—
%
 
—
%
 
—
%
Weighted average Black-Scholes fair value per share at date of grant
$
19.56

 
$
30.86

 
$
21.81

 
$
29.71

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 twenty-eight weeks ended July 10, 2016 (in thousands):
 
Stock Options
 
Restricted Stock Units
Outstanding, December 27, 2015
395

 
75

Granted
132

 
55

Forfeited/expired
(15
)
 
(5
)
Exercised/vested
(7
)
 
(36
)
Outstanding, July 10, 2016
505

 
89