Stock-Based Compensation (Tables)

6 Months Ended

Jun. 28, 2011

Stock-Based Compensation

Schedule of information related to stock-based compensation

The following table presents information related to stock-based compensation (in thousands):

	Thirteen Weeks Ended June 28, 2011		Thirteen Weeks Ended June 29, 2010		Twenty-Six Weeks Ended June 28, 2011		Twenty-Six Weeks Ended June 29, 2010
Stock-based compensation expense	$	2,965	$	2,939	$	5,946	$	6,582
Income tax benefit	1,134		1,115		2,274		2,497
Capitalized stock-based compensation (1)	57		78		130		132

(1)It is our policy to capitalize the portion of stock-based compensation costs for our internal development and construction, legal, and facilities departments that relates to capitalizable activities such as the design and construction of new restaurants, remodeling existing locations, lease, intellectual property and liquor license acquisition activities and equipment installation.  Capitalized stock-based compensation is included in property and equipment, net and other assets on the consolidated balance sheets.

Schedule of stock option activity

Stock option activity during the twenty-six weeks ended June 28, 2011 was as follows:

	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
	(In thousands)		(Per share)		(In years)	(In thousands)
Outstanding at December 28, 2010	9,159		$	22.63	5.4	$	79,835
Granted	660		$	30.81
Exercised	(365	)	$	20.44
Cancelled	(211	)	$	19.73
Outstanding at June 28, 2011	9,243		$	23.35	5.1	$	80,979
Exercisable at June 28, 2011	4,527		$	27.01	3.8	$	24,592

Schedule of restricted share activity

Restricted share activity during the twenty-six weeks ended June 28, 2011 was as follows:

	Shares		Weighted Average Fair Value
	(In thousands)		(Per share)
Outstanding at December 28, 2010	537		$	14.72
Granted	192		30.96
Vested	(36	)	26.03
Forfeited	(16	)	13.58
Outstanding at June 28, 2011	677		$	18.73