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Stock-Based Compensation (Tables)
9 Months Ended
Oct. 06, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Allocation of Stock-Based Compensation Expense in Condensed Consolidated Statements of Earnings

Stock-based compensation expense recognized and included in “Selling, general and administrative expenses” in the condensed consolidated statements of earnings, and related tax benefits were as follows:

 

12 Weeks Ended

 

 

40 Weeks Ended

 

(In thousands)

October 6, 2018

 

 

October 7, 2017

 

 

October 6, 2018

 

 

October 7, 2017

 

Restricted stock

$

 

773

 

 

$

 

1,103

 

 

$

 

7,040

 

 

$

 

8,593

 

Tax benefits

 

 

(166

)

 

 

 

(439

)

 

 

 

(1,095

)

 

 

 

(3,149

)

Stock-based compensation expense, net of tax

$

 

607

 

 

$

 

664

 

 

$

 

5,945

 

 

$

 

5,444

 

 

Summary of Stock-Based Compensation Activity

The following table summarizes activity in the stock-based compensation plans for the 40 weeks ended October 6, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Shares

 

 

Weighted

 

 

Restricted

 

 

Average

 

 

Under

 

 

Average

 

 

Stock

 

 

Grant-Date

 

 

Options

 

 

Exercise Price

 

 

Awards

 

 

Fair Value

 

Outstanding at December 30, 2017

 

47,928

 

 

$

 

16.52

 

 

 

613,744

 

 

$

 

30.32

 

Granted

 

 

 

 

 

 

 

 

481,940

 

 

 

 

16.99

 

Exercised/Vested

 

 

 

 

 

 

 

 

(260,644

)

 

 

 

28.90

 

Cancelled/Forfeited

 

(14,400

)

 

 

 

22.69

 

 

 

(6,003

)

 

 

 

24.01

 

Outstanding at October 6, 2018

 

33,528

 

 

$

 

13.87

 

 

 

829,037

 

 

$

 

23.07