Stock-Based Compensation (Tables)

3 Months Ended

Apr. 02, 2013

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 April 2, 2013		Thirteen Weeks Ended April 3, 2012
Labor expenses	$	1,044	$	893
Other operating costs and expenses	46		47
General and administrative expenses	2,315		2,424
Total stock-based compensation	3,405		3,364
Income tax benefit	1,302		1,287
Total stock-based compensation, net of taxes	$	2,103	$	2,077
Capitalized stock-based compensation (1)	$	47	$	88

(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 1, 2013	7,414		$	23.98	4.2	$	66,682
Granted	386		35.62
Exercised	(794	)	25.22
Forfeited or cancelled	(90	)	25.84
Outstanding at April 2, 2013	6,916		$	24.47	4.3	$	92,563
Exercisable at April 2, 2013	3,802		$	26.86	3.3	$	41,809

Schedule of restricted share and restricted share unit activity

	Shares		Weighted Average Fair Value
	(In thousands)		(Per share)
Outstanding at January 1, 2013	1,316		$	26.91
Granted	342		35.57
Vested	(167	)	14.48
Forfeited	(45	)	27.59
Outstanding at April 2, 2013	1,446		$	30.37