Stock-based Compensation

3 Months Ended

Mar. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-based Compensation

The Company recognized stock-based compensation expense as follows (in thousands):



	THIRTEEN WEEKS ENDED MARCH 30, 2014		THREE MONTHS ENDED MARCH 31, 2013
Stock options	$	2,468	$	3,985
Restricted stock and restricted stock units	749		375
Performance-based share units	358		69
	$	3,575	$	4,429

During the thirteen weeks ended March 30, 2014, the Company made grants to its employees of 1.2 million stock options, 0.3 million restricted stock units and 0.1 million performance-based share units. The weighted-average grant date fair value per stock option was $12.06.

The following represents unrecognized stock compensation expense and the remaining weighted-average vesting period at March 30, 2014:



	UNRECOGNIZED COMPENSATION EXPENSE (in thousands)		REMAINING WEIGHTED-AVERAGE VESTING PERIOD (in years)
Stock options	$	32,087	3.2
Restricted stock and restricted stock units	$	13,657	3.2
Performance-based share units	$	2,190	0.9

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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