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Share-Based Compensation and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 26, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Share-based Compensation Expense by Type of Award

The following table reflects share-based compensation expense by type of award:

 

 

 

Year Ended December 26,

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Share-based compensation expense:

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock units, including all performance and market

    based awards

 

$

15,780

 

 

$

10,421

 

 

$

6,062

 

Stock options and employee stock purchase options

 

 

1,882

 

 

 

164

 

 

 

 

Total share-based compensation

 

 

17,662

 

 

 

10,585

 

 

 

6,062

 

Tax effect on share-based compensation

 

 

3,849

 

 

 

2,283

 

 

 

1,362

 

Net effect on net income

 

$

13,813

 

 

$

8,302

 

 

$

4,700

 

Effect on earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.28

)

 

$

(0.28

)

 

$

(0.18

)

Diluted

 

$

(0.28

)

 

$

(0.28

)

 

$

(0.18

)

Summary of Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity with respect to the years ended December 26, 2020, December 31, 2019 and December 31, 2018 follows:

 

 

Number of

Shares

 

 

Weighted

Average

Grant Date

Fair Value

 

Nonvested at December 31, 2017

 

 

816

 

 

$

18.50

 

Granted

 

 

228

 

 

$

34.80

 

Vested

 

 

(325

)

 

$

17.73

 

Forfeited

 

 

(80

)

 

$

22.12

 

Nonvested at December 31, 2018

 

 

639

 

 

$

24.26

 

Granted

 

 

271

 

 

$

29.58

 

Assumed in Merger

 

 

598

 

 

$

31.43

 

Vested

 

 

(366

)

 

$

25.69

 

Forfeited

 

 

(35

)

 

$

26.44

 

Nonvested at December 31, 2019

 

 

1,107

 

 

$

28.89

 

Granted

 

 

498

 

 

$

34.71

 

Vested

 

 

(498

)

 

$

29.46

 

Forfeited

 

 

(143

)

 

$

29.99

 

Nonvested at December 26, 2020

 

 

964

 

 

$

31.37

 

 

Summary of Stock Option Activity

A summary of the Company’s stock option activity with respect to the years ended December 26, 2020, December 31, 2019 and December 31, 2018 follows:

 

 

Shares

 

 

Weighted

Average

Exercise

Price

Per Share

 

 

Weighted

Average

Remaining

Contractual

Term (years)

 

 

Aggregate

Intrinsic Value

 

Outstanding at December 31, 2017

 

 

59

 

 

$

15.20

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(22

)

 

 

15.20

 

 

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2018

 

 

37

 

 

 

15.20

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assumed in Merger

 

 

12

 

 

 

16.27

 

 

 

 

 

 

 

 

 

Exercised

 

 

(2

)

 

 

14.96

 

 

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2019

 

 

47

 

 

$

15.49

 

 

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(19

)

 

 

15.84

 

 

 

 

 

 

 

 

 

Expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 26, 2020

 

 

28

 

 

$

15.25

 

 

 

1.9

 

 

$

915

 

Vested or expected to vest at December 26, 2020

 

 

28

 

 

$

15.25

 

 

 

1.9

 

 

$

915

 

Exercisable at December 26, 2020

 

 

28

 

 

$

15.25

 

 

 

1.9

 

 

$

915

 

 

Summary of Options Outstanding and Exercisable in Following Exercise Price Ranges

The options outstanding and exercisable at December 26, 2020 were in the following exercise price ranges:

 

 

 

Options Outstanding

 

 

Options Exercisable

 

Range of Exercise Prices

 

Shares

 

 

Weighted

Average

Remaining

Contractual

Life (years)

 

 

Weighted

Average

Exercise Price

 

 

Shares

 

 

Weighted

Average

Exercise Price

 

$15.20 - $18.79

 

 

28

 

 

 

1.9

 

 

$

15.25

 

 

 

28

 

 

$

15.25