Quarterly report pursuant to Section 13 or 15(d)

Stock Incentive Plans (Tables)

v3.3.0.814
Stock Incentive Plans (Tables)
 9 Months Ended
Oct. 04, 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 for periods in which options were granted:
 
Twelve Weeks Ended
 
Forty Weeks Ended
 
October 4, 2015
 
October 5, 2014
 
October 4, 2015
 
October 5, 2014
Risk-free interest rate
N/A
 
1.4
%
 
1.4
%
 
1.7
%
Expected years until exercise
N/A
 
4.2

 
4.8

 
5.7

Expected stock volatility
N/A
 
40.2
%
 
40.6
%
 
44.6
%
Dividend yield
N/A
 
—
%
 
—
%
 
—
%
Weighted average Black-Scholes fair value per share at date of grant
N/A
 
$
18.12

 
$
29.71

 
$
30.70

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 4, 2015 (in thousands):
 
Stock Options
 
Restricted Stock Units
Outstanding, December 28, 2014
462

 
101

Granted
72

 
33

Forfeited/expired
(43
)
 
(12
)
Exercised/vested
(94
)
 
(45
)
Outstanding, October 4, 2015
397

 
77

Schedule of recognized expense from stock-based compensation
We recognized expense from stock-based compensation for the twelve and forty weeks ended October 4, 2015 and October 5, 2014 as follows (in thousands):
 
Twelve Weeks Ended
 
Forty Weeks Ended
 
October 4, 2015
 
October 5, 2014
 
October 4, 2015
 
October 5, 2014
Restaurant related
$
26

 
$
16

 
$
88

 
$
65

Selling, general, and administrative related
1,168

 
1,162

 
3,955

 
3,146

Total stock-based compensation
$
1,194

 
$
1,178

 
$
4,043

 
$
3,211