XML 39 R28.htm IDEA: XBRL DOCUMENT v3.24.3

Stock-Based Compensation (Tables)

9 Months Ended

Oct. 01, 2024

Stock-Based Compensation

Schedule of information related to stock-based compensation, net of forfeitures

The following table presents information related to stock-based compensation, net of forfeitures (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Thirteen

​

Thirteen

​

Thirty-Nine

​

Thirty-Nine

​

​

Weeks Ended

​

Weeks Ended

​

Weeks Ended

​

Weeks Ended

​

October 1, 2024

October 3, 2023

October 1, 2024

October 3, 2023

​

​

​

​

​

​

​

​

​

​

​

​

​

Labor expenses

​

$

2,829

​

$

2,365

​

$

7,890

​

$

7,153

Other operating costs and expenses

​

​

97

​

​

76

​

​

253

​

​

227

General and administrative expenses

​

​

4,095

​

​

4,182

​

​

13,353

​

​

11,470

Total stock-based compensation

​

​

7,021

​

​

6,623

​

​

21,496

​

​

18,850

Income tax benefit

​

​

1,755

​

​

1,653

​

​

5,369

​

​

4,706

Total stock-based compensation, net of taxes

​

$

5,266

​

$

4,970

​

$

16,127

​

$

14,144

​

​

​

​

​

​

​

​

​

​

​

​

​

Capitalized stock-based compensation (1)

​

$

58

​

$

44

​

$

163

​

$

131

(1) It is our policy to capitalize the portion of stock-based compensation costs for our internal development department that relates to capitalizable activities such as the design and construction of new restaurants, remodeling existing locations and equipment installation. Capitalized stock-based compensation is included in property and equipment, net on the consolidated balance sheets.

Schedule of stock option activity

​

​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​		​	Weighted-	​	​
​	​	​	​	​		​	Average	​	​
​	​	​	​	Weighted-		​	Remaining	​	​
​	​	​	​	Average		​	Contractual	​	Aggregate
​		Shares		Exercise Price			Term		Intrinsic Value (1)
​	​	(In thousands)	​	(Per share)		​	(In years)	​	(In thousands)
Outstanding at January 2, 2024	​	1,550	​	$	45.75	​	3.8	​	$	0
Granted		81	​	​	34.91	​	​	​	​	​
Exercised		—	​	​	—	​	​	​	​	​
Forfeited or cancelled		(156)	​	​	50.26	​	​	​	​	​
Outstanding at October 1, 2024	​	1,475	​	$	44.68	​	3.8	​	$	1,007
​	​	​	​	​	​	​	​	​	​	​
Exercisable at October 1, 2024		1,235	​	$	45.90	​	3.1	​	$	395

(1) Aggregate intrinsic value is calculated as the difference between our closing stock price at fiscal period end and the exercise price, multiplied by the number of in-the-money options and represents the pre-tax amount that would have been received by the option holders, had they all exercised their options on the fiscal period-end date.

Schedule of restricted share and restricted share unit activity

​

​	​	​	​	​	​
​	​	​	​	Weighted-
​	​	​	​	Average
​		Shares		Fair Value
​	​	(In thousands)	​	(Per share)
Outstanding at January 2, 2024		2,886	​	$	40.28
Granted		895	​	​	35.19
Vested		(522)	​	​	46.76
Forfeited		(104)	​	​	45.78
Outstanding at October 1, 2024		3,155	​	$	37.89

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
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
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

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

X

- 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
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

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

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

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