Stock-Based Awards (Tables)

12 Months Ended

Dec. 27, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

Changes in our Company’s stock options in 2020 were as follows:

	December 27, 2020
(Shares in thousands)	Options	Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)	Aggregate Intrinsic Value $(000s)
Options outstanding at beginning of year	969	$	9	2	$	22,534
Exercised	(644)	9
Forfeited/Expired	—	—
Options outstanding at end of period (1)	325	$	8	1	$	14,225
Options exercisable at end of period	325	$	8	1	$	14,225

(1) All outstanding options are vested as of December 27, 2020.

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

Changes in our Company’s stock-settled restricted stock units in 2020 were as follows:

	December 27, 2020
(Shares in thousands)	Restricted Stock Units	Weighted Average Grant-Date Fair Value
Unvested stock-settled restricted stock units at beginning of period	547	$	27
Granted	256	37
Vested	(273)	25
Forfeited	(17)	33
Unvested stock-settled restricted stock units at end of period	513	$	33
Unvested stock-settled restricted stock units expected to vest at end of period	477	$	33

Schedule of Common Stock Reserved For Issuance

Shares of Class A Common Stock reserved for issuance were as follows:

(Shares in thousands)	December 27, 2020	December 29, 2019
Stock options, stock–settled restricted stock units and stock-settled performance awards
Stock options and stock-settled restricted stock units	1,001	1,648
Stock-settled performance awards(1)	1,026	1,371
Outstanding	2,027	3,019
Available	15,190	7,475
Total Outstanding	2,027	3,019
Total Available(2)	15,190	7,475

(1)The number of shares actually earned at the end of the multi-year performance period will vary, based on actual performance, from 0% to 200% of the target number of performance awards granted. The maximum number of shares that could be issued is included in the table above.

(2)As of December 27, 2020, the 2020 Incentive Plan had approximately 15 million shares of Class A stock available for issuance upon the grant, exercise or other settlement of stock-based awards. This amount includes shares subject to awards under the 2010 Incentive Plan that were cancelled, forfeited or otherwise terminated, or withheld to satisfy the tax withholding requirements, in accordance with the terms of the 2020 Incentive Plan.