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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule Of Stock Based Compensation Expense And The Resulting Tax Benefits | Stock-based compensation expense, including expense recognized under both the Fortune Brands’ Long-Term Incentive Plans and the MasterBrand, Inc. 2022 Long-Term Incentive Plan, was as follows:
(U.S. Dollars presented in millions) |  | 2023 |  | 2022 |  | 2021
Performance awards |  | $ | 1.2 |  |  | $ | 3.2 |  |  | $ | 2.3 |
Restricted stock units |  | 15.6 |  |  | 6.2 |  |  | 6.2 |
Stock option awards |  | 1.0 |  |  | 1.5 |  |  | 0.8 |
Total pre-tax expense |  | 17.8 |  |  | 10.9 |  |  | 9.3 |
Tax benefit |  | 4.2 |  |  | 3.0 |  |  | 2.0 |
Total after tax expense |  | $ | 13.6 |  |  | $ | 7.9 |  |  | $ | 7.3 |
Share-Based Payment Arrangement, Performance Shares, Activity | The following table summarizes activity with respect to performance share awards outstanding under the MasterBrand, Inc. Plan:
|  | Number of Performance Share Awards |  | Weighted- Average Grant- Date Fair Value
Non-vested at December 25, 2022 |  | — |  |  | $ | — |
Granted |  | 411,647 |  |  | $ | 9.91 |
Vested |  | (9,332) |  |  | $ | 10.71 |
Forfeited |  | — |  |  | $ | — |
Non-vested at December 31, 2023 |  | 402,315 |  |  | $ | 9.92 |
Schedule of Nonvested Restricted Stock Units Activity | The following table summarizes activity with respect to RSUs outstanding under the MasterBrand, Inc. Plan:
|  | Number of Restricted Stock Units |  | Weighted- Average Grant- Date Fair Value
Non-vested at December 25, 2022 |  | 3,924,976 |  |  | $ | 8.98 |
Granted |  | 1,254,704 |  |  | $ | 10.28 |
Vested |  | (1,019,865) |  |  | $ | 9.19 |
Forfeited |  | (160,496) |  |  | $ | 9.19 |
Non-vested at December 31, 2023 |  | 3,999,319 |  |  | $ | 9.32 |
Schedule of Stock Options Roll Forward | A summary of MasterBrand, Inc. stock option activity for the year ended December 31, 2023 was as follows:
|  | Options |  | Weighted- Average Exercise Price
Outstanding at December 25, 2022 |  | 1,334,292 |  |  | $ | 9.36 |
Granted |  | — |  |  | $ | — |
Exercised |  | — |  |  | $ | — |
Expired/forfeited |  | — |  |  | $ | — |
Outstanding at December 31, 2023 |  | 1,334,292 |  | $ | 9.36 |
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions | Options outstanding and exercisable at December 31, 2023 were as follows:
|  | Options Outstanding(a) |  | Options Exercisable(b)
Range Of Exercise Prices |  | Options Outstanding |  | Weighted- Average Remaining Contractual Life |  | Weighted- Average Exercise Price |  | Options Exercisable |  | Weighted- Average Exercise Price
$5.92 to $10.76 |  | 1,334,292 |  | 6.60 |  | $ | 9.36 |  |  | 1,022,298 |  | $ | 8.94 |
(a) At December 31, 2023, the aggregate intrinsic value of options outstanding was $7.3 million (as compared to $0.2 million at December 25, 2022). (b) At December 31, 2023 the weighted-average remaining contractual life of options exercisable was 6.2 years (as compared to 6.7 years at December 25, 2022) and the aggregate intrinsic value of options exercisable was $6.0 million (as compared to $0.2 million at December 25, 2022.

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