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Stock Options, Other Stock Awards and Warrants (Tables) | 12 Months Ended
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Dec. 27, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of Total Compensation Expense Related to Stock Options, Restricted Stock Units and Stock Performance Awards | Total compensation expense related to stock options, restricted stock units, including those awards made to non-employee members of its Board of Directors, and stock performance awards for the years ended December 27, 2020, December 29, 2019 and December 30, 2018 was $49,748, $28,044 and $27,892, respectively, and was recorded as follows:
| 2020 |  | 2019 |  | 2018
Product development | $ | 3,264 |  |  | 3,348 |  |  | 3,466 |
Selling, distribution and administration (a) | 46,484 |  |  | 24,696 |  |  | 24,426 |
| 49,748 |  |  | 28,044 |  |  | 27,892 |
Income tax benefit | 5,295 |  |  | 3,648 |  |  | 2,832 |
| $ | 44,453 |  |  | 24,396 |  |  | 25,060 |
(a)The 2020 Increase in compensation expense was due to additional stock options, restricted stock units, and stock performance awards granted to eligible participants as a result of the eOne acquisition. The following table represents total stock compensation expense, net of performance adjustments, by award type related to stock performance awards, restricted stock units, stock options and awards made to non-employee members of the Company’s Board of Directors, for the years ended December 27, 2020, December 29, 2019 and December 30, 2018:
| 2020 |  | 2019 |  | 2018
Stock performance awards | $ | 8,415 |  |  | (1,573) |  |  | 842 |
Restricted stock units | 28,529 |  |  | 18,744 |  |  | 17,897 |
Stock options | 10,958 |  |  | 9,113 |  |  | 7,393 |
Non-employee awards | 1,846 |  |  | 1,760 |  |  | 1,760 |
| 49,748 |  |  | 28,044 |  |  | 27,892 |
Income tax benefit | 5,295 |  |  | 3,648 |  |  | 2,832 |
| $ | 44,453 |  |  | 24,396 |  |  | 25,060 |
Schedule of Stock Performance Awards | Information with respect to Stock Performance Awards for 2020, 2019 and 2018 is as follows:
| 2020 |  | 2019 |  | 2018
Outstanding at beginning of year | 471 |  |  | 633 |  |  | 900 |
Granted | 352 |  |  | 281 |  |  | 250 |
Forfeited | (48) |  |  | (58) |  |  | (49) |
Canceled | (184) |  |  | (146) |  |  | — |
Vested | (5) |  |  | (239) |  |  | (468) |
Outstanding at end of year | 586 |  |  | 471 |  |  | 633 |
Weighted average grant-date fair value: |  |  |  |  |
Granted | $ | 56.49 |  |  | 86.90 |  |  | 88.18 |
Forfeited | $ | 80.31 |  |  | 92.90 |  |  | 86.27 |
Canceled | $ | 88.25 |  |  | 99.58 |  |  | — |
Vested | $ | 99.58 |  |  | 74.72 |  |  | 61.86 |
Outstanding at end of year | $ | 69.25 |  |  | 87.59 |  |  | 86.58 |
Schedule of Restricted Stock Awards and Restricted Stock Units | Excluding the aforementioned award for 587 shares, information with respect to the remaining Restricted Stock Awards and Restricted Stock Units for 2020, 2019 and 2018 is as follows:
| 2020 |  | 2019 |  | 2018
Outstanding at beginning of year | 451 |  |  | 434 |  |  | 636 |
Granted | 841 |  |  | 259 |  |  | 257 |
Forfeited | (51) |  |  | (44) |  |  | (40) |
Vested | (196) |  |  | (198) |  |  | (419) |
Outstanding at end of year | 1,045 |  |  | 451 |  |  | 434 |
Weighted average grant-date fair value: |  |  |  |  |
Granted | $ | 91.80 |  |  | 87.98 |  |  | 97.45 |
Forfeited | $ | 94.01 |  |  | 92.56 |  |  | 93.45 |
Vested | $ | 94.21 |  |  | 90.23 |  |  | 67.34 |
Outstanding at end of year | $ | 91.56 |  |  | 92.54 |  |  | 94.22 |
Schedule of Stock Option Information | Information with respect to stock options for each of the three fiscal years ended December 27, 2020 is as follows:
| 2020 |  | 2019 |  | 2018
Outstanding at beginning of year | 2,444 |  |  | 2,310 |  |  | 2,579 |
Granted | 829 |  |  | 740 |  |  | 538 |
Exercised | (297) |  |  | (546) |  |  | (736) |
Expired or forfeited | (114) |  |  | (60) |  |  | (71) |
Outstanding at end of year | 2,862 |  |  | 2,444 |  |  | 2,310 |
Exercisable at end of year | 1,451 |  |  | 1,284 |  |  | 1,391 |
Weighted average exercise price: |  |  |  |  |
Granted | $ | 96.79 |  |  | 86.66 |  |  | 98.10 |
Exercised | $ | 55.82 |  |  | 58.18 |  |  | 45.64 |
Expired or forfeited | $ | 94.32 |  |  | 95.71 |  |  | 93.81 |
Outstanding at end of year | $ | 88.16 |  |  | 81.58 |  |  | 74.78 |
Exercisable at end of year | $ | 82.80 |  |  | 73.03 |  |  | 61.59 |
Schedule of Share-based Payment Award, Stock Option, Valuation Assumptions | The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions used for grants in the fiscal years 2020, 2019 and 2018:
| 2020 |  | 2019 |  | 2018
Risk-free interest rate | 1.38 | % |  | 2.47 | % |  | 2.57 | %
Expected dividend yield | 2.81 | % |  | 3.14 | % |  | 2.57 | %
Expected volatility | 30 | % |  | 27 | % |  | 27 | %
Expected option life | 4 years |  | 4 years |  | 4 years

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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + 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 (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: 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 http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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