XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.21.2

Share-Based Payments (Tables) | 9 Months Ended
--- | ---
Oct. 09, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Summary of Allocation of Stock-Based Compensation Expense in Condensed Consolidated Statements of Operations | Share-based compensation expense recognized and included in “Selling, general and administrative expenses” in the condensed consolidated statements of earnings, and related tax impacts were as follows:
| 12 Weeks Ended |  |  | 40 Weeks Ended |
(In thousands) | October 9, 2021 |  |  | October 3, 2020 |  |  | October 9, 2021 |  |  | October 3, 2020 |
Restricted stock expense | $ |  | 920 |  |  | $ |  | 1,033 |  |  | $ |  | 5,977 |  |  | $ |  | 5,279 |
Income tax benefit |  |  | (253 | ) |  |  |  | (289 | ) |  |  |  | (1,483 | ) |  |  |  | (564 | )
Restricted stock expense, net of tax | $ |  | 667 |  |  | $ |  | 744 |  |  | $ |  | 4,494 |  |  | $ |  | 4,715 |
Summary of Stock Incentive Plans Activity | The following table summarizes activity in the stock incentive plans for the 40 weeks ended October 9, 2021:
|  |  |  |  |  | Weighted |
|  | Restricted |  |  | Average |
|  | Stock |  |  | Grant-Date |
|  | Awards |  |  | Fair Value |
Outstanding at January 2, 2021 |  |  | 973,948 |  |  | $ |  | 17.72 |
Granted |  |  | 560,352 |  |  |  |  | 18.94 |
Vested |  |  | (388,403 | ) |  |  |  | 19.81 |
Cancelled/Forfeited |  |  | (112,930 | ) |  |  |  | 18.26 |
Outstanding at October 9, 2021 |  |  | 1,032,967 |  |  | $ |  | 17.54 |
Summary of Share-based Payment Expense Recognized as a Reduction of Net Sales in Condensed Consolidated Statements of Operations | Share-based payment expense recognized as a reduction of “Net sales” in the condensed consolidated statements of earnings, and related tax benefits were as follows:
| 12 Weeks Ended |  |  | 40 Weeks Ended |
(In thousands) | October 9, 2021 |  |  | October 3, 2020 |  |  | October 9, 2021 |  |  | October 3, 2020 |
Warrant expense | $ |  | 403 |  |  | $ |  | — |  |  | $ |  | 1,478 |  |  | $ |  | — |
Income tax benefit |  |  | (28 | ) |  |  |  | — |  |  |  |  | (121 | ) |  |  |  | — |
Warrant expense, net of tax | $ |  | 375 |  |  | $ |  | — |  |  | $ |  | 1,357 |  |  | $ |  | — |
Summary of Stock Warrant Activity | The following table summarizes stock warrant activity for the 40 weeks ended October 9, 2021:
|  |  |  |  |  |  |  | Warrant |
Outstanding and nonvested at January 2, 2021 |  |  |  |  |  |  |  |  | 4,349,817 |
Vested |  |  |  |  |  |  |  |  | 326,238 |
Outstanding and nonvested at October 9, 2021 |  |  |  |  |  |  |  |  | 4,023,579 |

X
- Definition Summary of shared-based payment expense recognized as reduction of net sales. + References No definition available. + Details
Name: | sptn_SummaryOfSharedBasedPaymentExpenseRecognizedAsReductionOfNetSalesTableTextBlock
Namespace Prefix: | sptn_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration