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Share-Based Payment Arrangements (Tables) | 12 Months Ended
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Dec. 26, 2020
Amounts Recognized in Financial Statements with Respect to Plans | Amounts recognized in the financial statements with respect to these Plans are as follows (in thousands):
|  | Fiscal Years |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Total cost of the Plans during the period |  | $ | 4,639 |  |  | $ | 4,236 |  |  | $ | 18,256 |
Amount of related income tax benefit recognized during the period |  |  | (2,114 | ) |  |  | (4,130 | ) |  |  | (6,610 | )
Net cost of the Plans during the period |  | $ | 2,525 |  |  | $ | 106 |  |  | $ | 11,646 |
Summary of Information Regarding Stock Options | The following table summarizes information regarding the Company’s outstanding stock options under the Plans:
|  | Options Outstanding |  |  | Options Exercisable |
|  | Number of Options |  |  | Weighted Average Exercise Price per Share |  |  | Number of Options |  |  | Weighted Average Exercise Price per Share |
Options at December 30, 2017 |  |  | 189,040 |  |  | $ | 49.34 |  |  |  | 169,240 |  |  | $ | 48.50 |
Exercised |  |  | (99,926 | ) |  | $ | 48.36 |  |  |  |  |  |  |  |  |
Options at December 29, 2018 |  |  | 89,114 |  |  | $ | 50.44 |  |  |  | 88,114 |  |  | $ | 50.35 |
Exercised |  |  | (44,647 | ) |  | $ | 49.64 |  |  |  |  |  |  |  |  |
Options at December 28, 2019 |  |  | 44,467 |  |  | $ | 51.24 |  |  |  | 44,467 |  |  | $ | 51.24 |
Exercised |  |  | (26,817 | ) |  | $ | 49.31 |  |  |  |  |  |  |  |  |
Options at December 26, 2020 |  |  | 17,650 |  |  | $ | 54.16 |  |  |  | 17,650 |  |  | $ | 54.16 |
Summary of Stock Options Outstanding and Exercisable | The following tables summarize stock options outstanding and exercisable at December 26, 2020:
|  | Options Outstanding |
Range of Exercise Prices Per Share |  | Number Outstanding |  |  | Weighted Average Remaining Contractual Term (years) |  |  | Weighted Average Exercise Price per Share |
$ 41.80 - $ 45.00 |  |  | 1,500 |  |  |  | 0.1 |  |  | $ | 41.80 |
$ 45.01 - $ 56.40 |  |  | 16,150 |  |  |  | 1.9 |  |  | $ | 55.31 |
|  |  | 17,650 |  |  |  | 1.7 |  |  | $ | 54.16 |
|  | Options Exercisable |
Range of Exercise Prices Per Share |  | Number Exercisable |  |  | Weighted Average Remaining Contractual Term (years) |  |  | Weighted Average Exercise Price per Share |
$ 41.80 - $ 45.00 |  |  | 1,500 |  |  |  | 0.1 |  |  | $ | 41.80 |
$ 45.01 - $ 56.40 |  |  | 16,150 |  |  |  | 1.9 |  |  | $ | 55.31 |
|  |  | 17,650 |  |  |  | 1.7 |  |  | $ | 54.16 |
Restricted Stock Units (RSUs) |
Schedule of Information on Restricted Stock Units | The following table summarizes information regarding the Company’s outstanding restricted stock unit (“RSU”) awards with either a performance condition or a market condition under the Plans:
|  | Number of RSUs |  |  | Weighted Average Grant Date Fair Value |
Outstanding at December 30, 2017 |  |  | 387,372 |  |  | $ | 55.75 |
Granted |  |  | 65,824 |  |  | $ | 95.94 |
Vested |  |  | (67,971 | ) |  | $ | 53.92 |
Forfeited |  |  | (92,880 | ) |  | $ | 52.36 |
Outstanding at December 29, 2018 |  |  | 292,345 |  |  | $ | 66.31 |
Granted |  |  | 68,820 |  |  | $ | 89.34 |
Shares earned in excess of target (1) |  |  | 71,172 |  |  | $ | 54.78 |
Vested shares, including shares earned in excess of target |  |  | (226,981 | ) |  | $ | 53.27 |
Forfeited |  |  | (6,481 | ) |  | $ | 86.60 |
Outstanding at December 28, 2019 |  |  | 198,875 |  |  | $ | 84.37 |
Granted |  |  | 59,967 |  |  | $ | 102.58 |
Shares earned in excess of target (2) |  |  | 11,648 |  |  | $ | 77.00 |
Vested shares, including shares earned in excess of target |  |  | (76,290 | ) |  | $ | 73.44 |
Forfeited |  |  | (10,987 | ) |  | $ | 100.55 |
Outstanding at December 26, 2020 |  |  | 183,213 |  |  | $ | 93.44 |
(1) | Represents additional shares earned under both the January 27, 2015 and January 29, 2016 RSU awards as fiscal year 2018 financial results exceeded target performance level and under the May 1, 2015 RSU award as total shareholder return exceeded the target under the award.
(2) | Represents additional shares earned under the February 2, 2017 RSU awards as fiscal year 2019 financial results exceeded target performance level.
Non Vested Restricted Stock and Deferred Stock Units |
Schedule of Information on Non-Vested Restricted Stock and Deferred Stock Units | The following table summarizes information regarding the Company’s outstanding shares of non-vested restricted stock and Deferred Stock Units (defined below) under the Plans:
|  | Number of Shares and Deferred Stock Units |  |  | Weighted Average Grant Date Fair Value |
Non-vested at December 30, 2017 |  |  | 54,755 |  |  | $ | 78.02 |
Granted |  |  | 22,803 |  |  | $ | 113.35 |
Vested |  |  | (19,814 | ) |  | $ | 75.11 |
Forfeited |  |  | (1,757 | ) |  | $ | 71.12 |
Non-vested at December 29, 2018 |  |  | 55,987 |  |  | $ | 93.66 |
Granted |  |  | 30,338 |  |  | $ | 102.76 |
Vested |  |  | (21,517 | ) |  | $ | 92.70 |
Non-vested at December 28, 2019 |  |  | 64,808 |  |  | $ | 98.24 |
Granted |  |  | 26,604 |  |  | $ | 111.88 |
Vested |  |  | (28,621 | ) |  | $ | 98.83 |
Forfeited |  |  | (2,351 | ) |  | $ | 106.34 |
Non-vested at December 26, 2020 |  |  | 60,440 |  |  | $ | 103.65 |

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