XML 42 R27.htm IDEA: XBRL DOCUMENT v3.22.4

Stock-Based Compensation and Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Summary of Stock-Based Compensation Expense

	Year ended December 31,
	2022			2021			2020
Stock-based compensation	$	99,821		$	178,703		$	84,463
Stock-based compensation, net of income taxes	$	84,928		$	159,972		$	69,904
Total capitalized stock-based compensation included in leasehold improvements, property and equipment, net on the consolidated balance sheets	$	1,791		$	2,311		$	1,837
Excess tax benefit on stock-based compensation recognized in benefit/(provision) for income taxes on the consolidated statements of income and comprehensive income	$	24,689		$	47,958		$	49,690

Summary of SOSAR Activity Under Incentive Plan

	Shares			Weighted-Average Exercise Price per Share			Weighted-Average Remaining Contractual Life (Years)			Aggregate Intrinsic Value
Outstanding, January 1, 2022		364		$	838.62					$	331,352
Granted		98			1,556.14
Exercised		(84)			626.94
Forfeited or cancelled		(23)			1,361.84
Outstanding, December 31, 2022		355			1,053.84			4.4			142,916
Exercisable, December 31, 2022		149			593.52			3.0			118,514
Vested and expected to vest, December 31, 2022		344			1,038.25			4.3			142,743

Schedule of Assumptions for SOSAR

		2022				2021				2020
Risk-free interest rate			2.1	%			0.3	%			1.3	%
Expected life (years)			3.6				3.7				3.8
Expected dividend yield			0.0	%			0.0	%			0.0	%
Volatility			36.0	%			35.2	%			32.4	%
Weighted-average Black-Scholes fair value per share at date of grant		$	456.44			$	403.01			$	231.52

Summarization of Estimated Current and Long-Term Cash Requirements for Deferred Compensation

		Payments Due by Fiscal Year
		Total			2023			2024-2025			2026-2027			Thereafter
Deferred compensation(1)		$	21,140		$	4,153		$	5,074		$	4,665		$	7,248

(1) Includes scheduled payments from our deferred compensation plan where payment dates are determinable for employed participants in accordance with the account’s election, and the assumption that active participants will retire at the age of 65 and begin distributions from their accounts at that time. This does not include future contributions, investment earnings, or future participants. Timing and amounts of payments may vary significantly.

Restricted Stock Units (RSUs) [Member]

Summary of Stock Award Activity Under Incentive Plan

							Shares			Weighted-Average Grant Date Fair Value per Share
Outstanding, January 1, 2022								58		$	1,064.67
Granted								30			1,559.73
Vested								(24)			798.11
Forfeited or cancelled								(9)			1,369.09
Outstanding, December 31, 2022								55			1,396.78
Vested and expected to vest, December 31, 2022								50			1,382.72

Performance Stock Awards (PSUs) [Member]

Summary of Stock Award Activity Under Incentive Plan

							Shares			Weighted-Average Grant Date Fair Value per Share
Outstanding, January 1, 2022								105		$	928.28
Granted								24			1,569.39
Vested								(54)			791.65
Expired								(6)			1,117.45
Outstanding, December 31, 2022								69			1,194.80
Vested and expected to vest, December 31, 2022								116			1,097.75

X

- Definition

Deferred Compensation, Estimated Current and Long-Term Cash Requirements [Table Text Block]

+ References

No definition available.

+ Details

Name:	cmg_DeferredCompensationEstimatedCurrentAndLongTermCashRequirementsTableTextBlock
Namespace Prefix:	cmg_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsAndStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=cmg_PerformanceStockAwardsPsusMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: