Stock-Based Compensation (Tables)

9 Months Ended

Oct. 08, 2016

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Allocation of Stock-Based Compensation Expense in Condensed Consolidated Statements of Earnings

Stock-based compensation expense included in the condensed consolidated statements of earnings consisted of the following

	12 Weeks Ended						40 Weeks Ended
	October 8,			October 10,			October 8,			October 10,
(In thousands, except per share amounts)	2016			2015			2016			2015
Stock-based compensation expense (a)	$	944		$	808		$	7,010		$	6,470
Income tax benefit		(352	)		(301	)		(2,646	)		(2,477	)
Stock-based compensation expense, net of tax	$	592		$	507		$	4,364		$	3,993
Stock-based compensation expense (net of tax) per diluted share	$	0.02		$	0.01		$	0.12		$	0.11

(a) Included in “Selling, general and administrative” expenses.

Summary of Stock-Based Compensation Activity

The following table summarizes activity in the stock-based compensation plans for the 40 weeks ended October 8, 2016:

									Weighted
	Shares			Weighted		Restricted			Average
	Under			Average		Stock			Grant-Date
	Options			Exercise Price		Awards			Fair Value
Outstanding at January 2, 2016		308,793		$	21.15		637,555		$	24.75
Granted		—			—		314,592			28.33
Exercised/Vested		(48,438	)		21.31		(255,156	)		24.56
Cancelled/Forfeited		(938	)		14.36		(28,993	)		25.74
Outstanding at October 8, 2016		259,417		$	21.15		667,998		$	26.47