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Stock Options, Other Stock Awards and Warrants (Tables)
 12 Months Ended
Dec. 27, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Total Compensation Expense Related to Stock Options, Restricted Stock Units and Stock Performance Awards
Total compensation expense related to stock options, restricted stock units, including those awards made to non-employee members of its Board of Directors, and stock performance awards for the years ended December 27, 2020, December 29, 2019 and December 30, 2018 was $49,748, $28,044 and $27,892, respectively, and was recorded as follows:
202020192018
Product development$3,264 3,348 3,466 
Selling, distribution and administration (a)46,484 24,696 24,426 
49,748 28,044 27,892 
Income tax benefit5,295 3,648 2,832 
$44,453 24,396 25,060 
(a)The 2020 Increase in compensation expense was due to additional stock options, restricted stock units, and stock performance awards granted to eligible participants as a result of the eOne acquisition.
The following table represents total stock compensation expense, net of performance adjustments, by award type related to stock performance awards, restricted stock units, stock options and awards made to non-employee members of the Company’s Board of Directors, for the years ended December 27, 2020, December 29, 2019 and December 30, 2018:
202020192018
Stock performance awards$8,415 (1,573)842 
Restricted stock units28,529 18,744 17,897 
Stock options10,958 9,113 7,393 
Non-employee awards1,846 1,760 1,760 
49,748 28,044 27,892 
Income tax benefit5,295 3,648 2,832 
$44,453 24,396 25,060 
Schedule of Stock Performance Awards
Information with respect to Stock Performance Awards for 2020, 2019 and 2018 is as follows:
202020192018
Outstanding at beginning of year471 633 900 
Granted352 281 250 
Forfeited(48)(58)(49)
Canceled(184)(146)— 
Vested(5)(239)(468)
Outstanding at end of year586 471 633 
Weighted average grant-date fair value:
Granted$56.49 86.90 88.18 
Forfeited$80.31 92.90 86.27 
Canceled$88.25 99.58 — 
Vested$99.58 74.72 61.86 
Outstanding at end of year$69.25 87.59 86.58 
Schedule of Restricted Stock Awards and Restricted Stock Units
Excluding the aforementioned award for 587 shares, information with respect to the remaining Restricted Stock Awards and Restricted Stock Units for 2020, 2019 and 2018 is as follows:
202020192018
Outstanding at beginning of year451 434 636 
Granted841 259 257 
Forfeited(51)(44)(40)
Vested(196)(198)(419)
Outstanding at end of year1,045 451 434 
Weighted average grant-date fair value:
Granted$91.80 87.98 97.45 
Forfeited$94.01 92.56 93.45 
Vested$94.21 90.23 67.34 
Outstanding at end of year$91.56 92.54 94.22 
Schedule of Stock Option Information
Information with respect to stock options for each of the three fiscal years ended December 27, 2020 is as follows:
202020192018
Outstanding at beginning of year2,444 2,310 2,579 
Granted829 740 538 
Exercised(297)(546)(736)
Expired or forfeited(114)(60)(71)
Outstanding at end of year2,862 2,444 2,310 
Exercisable at end of year1,451 1,284 1,391 
Weighted average exercise price:
Granted$96.79 86.66 98.10 
Exercised$55.82 58.18 45.64 
Expired or forfeited$94.32 95.71 93.81 
Outstanding at end of year$88.16 81.58 74.78 
Exercisable at end of year$82.80 73.03 61.59 
Schedule of Share-based Payment Award, Stock Option, Valuation Assumptions The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions used for grants in the fiscal years 2020, 2019 and 2018:
202020192018
Risk-free interest rate1.38 %2.47 %2.57 %
Expected dividend yield2.81 %3.14 %2.57 %
Expected volatility30 %27 %27 %
Expected option life4 years4 years4 years