SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 19, 2015

Equity [Abstract]

Changes in Shareholders' Equity

The following table details changes in shareholders’ equity during the twenty-four weeks ended June 19, 2015:

($ in thousands)	Common   Stock		Treasury     Stock		Additional       Paid-In Capital		Accumulated Other   Comprehensive   Income		Retained      Earnings		Total Equity
Balance at January 2, 2015	$	361	$	(229,229)	$	1,137,785	$	17,054	$	153,732	$	1,079,703
Net income		—		—		—		—		68,095		68,095
Foreign currency translation adjustments		—		—		—		(2,357)		—		(2,357)
Derivative instrument adjustments		—		—		—		59		—		59
Amounts related to share-based compensation		2		—		(2,565)		—		—		(2,563)
Adjustment to reclassification of Marriott International investment to Additional paid-in capital		—		—		(77)		—		—		(77)
Repurchase of common stock		—		(66,237)		—		—		—		(66,237)
Dividends		—		—		—		—		(15,999)		(15,999)
Balance at June 19, 2015	$	363	$	(295,466)	$	1,135,143	$	14,756	$	205,828	$	1,060,624

Stock Repurchase Activity under Current Stock Repurchase Program

The following table summarizes share repurchase activity under our current share repurchase program:

($ in thousands, except per share amounts)	Number of Shares      Repurchased		Cost of Shares     Repurchased		Average Price Paid       per Share
As of January 2, 2015		3,996,725	$	229,229	$	57.35
For the twenty-four weeks ended June 19, 2015		817,726		66,237		81.00
As of June 19, 2015		4,814,451	$	295,466	$	61.37