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Stock-Based Awards (Tables)
12 Months Ended
Dec. 26, 2021
Share-based Payment Arrangement [Abstract]  
Stock-based Compensation Expense
Total stock-based compensation expense included in the Consolidated Statement of Operations is as follows:
(In thousands)December 26,
2021
December 27,
2020
December 29,
2019
Cost of revenue$5,218 $4,117 $3,621 
Marketing1,283 1,520 683 
Product development3,655 1,765 763 
General and administrative12,059 7,063 7,881 
Total stock-based compensation expense$22,215 $14,465 $12,948 
Schedule of Share-based Compensation, Stock Options, Activity
Changes in our Company’s stock options in 2021 were as follows:
 December 26, 2021
(Shares in thousands)OptionsWeighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
(Years)
Aggregate
Intrinsic
Value
$(000s)
Options outstanding at beginning of year325 $8 1$14,225 
Exercised(324)8 
Options outstanding at end of period (1)
1 $7 0$16 
Options exercisable at end of period1 $7 0$16 
(1) All outstanding options are vested as of December 26, 2021.
Schedule of Share-based Compensation, Restricted Stock Units Award Activity Changes in our Company’s stock-settled restricted stock units in 2021 were as follows:
 December 26, 2021
(Shares in thousands)Restricted
Stock
Units
Weighted
Average
Grant-Date
Fair Value
Unvested stock-settled restricted stock units at beginning of period513 $33 
Granted583 50 
Vested(290)31 
Forfeited(69)46 
Unvested stock-settled restricted stock units at end of period737 $46 
Unvested stock-settled restricted stock units expected to vest at end of period679 $46 
Schedule of Common Stock Reserved For Issuance
Shares of Class A Common Stock reserved for issuance were as follows:
(Shares in thousands)December 26,
2021
December 27,
2020
Stock options, stock–settled restricted stock units and stock-settled performance awards
Stock options and stock-settled restricted stock units8911,001
Stock-settled performance awards(1)
9441,026
Outstanding1,8352,027
Available14,72015,190
Total Outstanding1,8352,027
Total Available(2)
14,72015,190
(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 26, 2021, 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.