Stock-Based Compensation (Tables)

9 Months Ended

Oct. 02, 2012

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 October 2, 2012		Thirteen Weeks Ended September 27, 2011		Thirty-Nine Weeks Ended October 2, 2012		Thirty-Nine Weeks Ended September 27, 2011
Labor expenses	$	932	$	993	$	2,765	$	3,072
Other operating costs and expenses	47		44		142		135
General and administrative expenses	1,174		1,814		5,520		5,590
Total stock-based compensation	2,153		2,851		8,427		8,797
Income tax benefit	823		1,091		3,223		3,365
Total stock-based compensation, net of taxes	$	1,330	$	1,760	$	5,204	$	5,432
Capitalized stock-based compensation (1)	56		76		206		206

(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
	(In thousands)		(Per share)		(In years)	(In thousands)
Outstanding at January 3, 2012	8,827		$	23.51	4.8	$	58,857
Granted	485		$	29.32
Exercised	(1,210	)	$	22.56
Forfeited or cancelled	(165	)	$	22.73
Outstanding at October 2, 2012	7,937		$	24.03	4.4	$	91,308
Exercisable at October 2, 2012	4,281		$	27.35	3.4	$	35,214

Schedule of restricted share activity

	Shares		Weighted Average Fair Value
	(In thousands)		(Per share)
Outstanding at January 3, 2012	826		$	20.40
Granted	523		30.68
Vested	(175	)	13.98
Forfeited	(13	)	23.43
Outstanding at October 2, 2012	1,161		$	25.97