Quarterly report pursuant to Section 13 or 15(d)

Stock Incentive Plans (Tables)

v3.5.0.2
Stock Incentive Plans (Tables)
9 Months Ended
Oct. 02, 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
 
Forty Weeks Ended
 
October 2, 2016
 
October 4, 2015
 
October 2, 2016
 
October 4, 2015
Risk-free interest rate
0.8
%
 
N/A
 
1.2
%
 
1.4
%
Expected years until exercise
3.0

 
N/A
 
4.5

 
4.8

Expected stock volatility
38.8
%
 
N/A
 
39.2
%
 
40.6
%
Dividend yield
%
 
N/A
 
%
 
%
Weighted average Black-Scholes fair value per share at date of grant
$
13.82

 
N/A
 
$
21.24

 
$
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 forty weeks ended October 2, 2016 (in thousands):
 
Stock Options
 
Restricted Stock Units
Outstanding, December 27, 2015
395

 
75

Granted
142

 
58

Forfeited/expired
(40
)
 
(11
)
Exercised/vested
(19
)
 
(36
)
Outstanding, October 2, 2016
478

 
86