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Stock-Based Compensation (Tables)
12 Months Ended
Jan. 03, 2012
Stock-Based Compensation:  
Schedule of information related to stock-based compensation

 

 

 

 

Fiscal Year

 

 

 

2011

 

2010

 

2009

 

 

 

 

 

 

 

 

 

Labor expenses

 

$

3,186

 

$

3,205

 

$

5,938

 

Other operating costs and expenses

 

138

 

165

 

246

 

General and administrative expenses

 

6,311

 

7,543

 

8,426

 

Stock-based compensation expense

 

9,635

 

10,913

 

14,610

 

Income tax benefit

 

3,685

 

4,139

 

5,537

 

Total stock-based compensation expense, net of tax

 

$

5,950

 

$

6,774

 

$

9,073

 

 

 

 

 

 

 

 

 

Capitalized stock-based compensation (1)

 

$

197

 

$

257

 

$

473

 

 

(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

 

 

 

 

Shares

 

Weighted
Average
Exercise Price

 

Weighted
Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic Value(1)

 

 

 

(In thousands)

 

 

 

(In years)

 

(In thousands)

 

Outstanding at start of year

 

9,159

 

$

22.63

 

5.4

 

$

79,835

 

Granted

 

775

 

$

30.74

 

 

 

 

 

Exercised

 

(767

)

$

21.08

 

 

 

 

 

Forfeited or cancelled

 

(340

)

$

21.10

 

 

 

 

 

Outstanding at end of year

 

8,827

 

$

23.51

 

4.8

 

$

58,857

 

 

 

 

 

 

 

 

 

 

 

Exercisable at end of year

 

4,562

 

$

27.00

 

3.6

 

$

16,753

Schedule of restricted share activity

 

 

 

 

Shares

 

Weighted
Average
Fair
Value

 

 

 

(In thousands)

 

 

 

Outstanding at start of year

 

537

 

$

14.72

 

Granted

 

363

 

$

29.12

 

Vested

 

(51

)

$

23.67

 

Forfeited

 

(23

)

$

17.10

 

Outstanding at end of year

 

826

 

$

20.40