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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
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

Weeks Ended

Weeks Ended

  ​ ​ ​

March 31, 2026

  ​ ​ ​

April 1, 2025

Labor expenses

$

2,773

$

2,437

Other operating costs and expenses

98

99

General and administrative expenses

4,143

5,045

Total stock-based compensation

7,014

7,581

Income tax benefit

1,730

1,870

Total stock-based compensation, net of taxes

$

5,284

$

5,711

Capitalized stock-based compensation (1)

$

53

$

54

(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 December 30, 2025

471

$

41.08

4.1

$

4,203.7

Granted

 

Exercised

 

(6)

40.16

Forfeited or cancelled

 

Outstanding at March 31, 2026

465

$

41.09

3.9

$

6,346.6

Exercisable at March 31, 2026

 

400

$

41.87

3.3

$

5,150.5

(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 December 30, 2025

 

3,176

$

41.31

Granted

 

520

60.35

Vested

 

(493)

41.83

Forfeited

 

(48)

39.06

Outstanding at March 31, 2026

 

3,155

$

44.40