XML 239 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 27, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock-based compensation expense
Stock-based compensation expense was as follows (in thousands):
 
Thirteen weeks ended
 
Twenty-six weeks ended
 
June 27,
2014
 
June 28,
2013
 
June 27,
2014
 
June 28,
2013
Restricted and unrestricted stock and performance share units
$
1,822

 
$
1,642

 
$
4,771

 
$
4,461

Stock options

 

 
54

 

Employee stock purchase plan
75

 
72

 
162

 
133

Total stock-based compensation
$
1,897

 
$
1,714

 
$
4,987

 
$
4,594

Schedule of restricted and unrestricted stock and performance share units activity
Restricted and unrestricted stock and performance share units activity for the twenty-six weeks ended June 27, 2014 was as follows (shares in thousands):
 
Shares
 
Weighted- average grant-date price
Non-vested at beginning of period
1,544

 
$
16.66

Granted
362

 
$
25.27

Vested
(372
)
 
$
17.75

Forfeited
(17
)
 
$
18.29

Non-vested at the end of the period
1,517

 
$
18.42

Schedule of stock option activity
Stock option activity for the twenty-six weeks ended June 27, 2014 was as follows:
 
Shares
(in thousands)
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Life
 
Aggregate Intrinsic Value
(in thousands)
Outstanding at beginning of period
74

 
$
14.99

 
 
 
 
Granted
7

 
$
25.26

 
 
 
 
Exercised
(42
)
 
$
14.98

 
 
 
 
Expired/Forfeited
(1
)
 
$
18.98

 
 
 
 
Outstanding at end of period
38

 
$
16.67

 
2.73
 
$
412

Exercisable at end of period
38

 
$
16.67

 
2.73
 
$
412


Schedule of summary of the weighted average assumptions and results for stock options granted
A summary of the weighted average assumptions and results for stock options granted during the twenty-six weeks ended June 27, 2014 is as follows:
 
 
June 27, 2014
Expected life (in years)
3.72

Expected volatility
42.8
%
Risk-free interest rate
0.7
%
Expected dividend yield
%
Weighted average fair value of options granted during the period
$
8.31