Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Stock-Based Compensation

Schedule of information related to stock-based compensation

	Thirteen		Thirteen		Twenty-Six		Twenty-Six
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	June 30, 2020		July 2, 2019		June 30, 2020		July 2, 2019
Labor expenses	$	1,926	$	1,721	$	3,893	$	3,442
Other operating costs and expenses		70		68		139		136
General and administrative expenses		3,114		2,852		6,585		6,910
Total stock-based compensation		5,110		4,641		10,617		10,488
Income tax benefit		1,255		1,140		2,608		2,578
Total stock-based compensation, net of taxes	$	3,855	$	3,501	$	8,009	$	7,910
Capitalized stock-based compensation (1)	$	52	$	51	$	91	$	114

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

Schedule of stock option activity

				Weighted-
				Average
		Weighted-		Remaining
		Average		Contractual	Aggregate
	Shares	Exercise Price		Term	Intrinsic Value (1)
	(In thousands)	(Per share)		(In years)	(In thousands)
Outstanding at December 31, 2019	1,829	$	47.32	4.3	$	844
Granted	654		40.16
Exercised	(4)		29.79
Forfeited or cancelled	(43)		48.21
Outstanding at June 30, 2020	2,436	$	45.41	5.4	$	9,783
Exercisable at June 30, 2020	1,214	$	46.77	2.8	$	5,696

(1) Aggregate intrinsic value is calculated as the difference between our closing stock price at fiscal period end and the exercise price, multiplied by the number of in-the-money options and represents the pre-tax amount that would have been received by the option holders, had they all exercised their options on the fiscal period end date.

Schedule of restricted share and restricted share unit activity

		Weighted-
		Average
	Shares	Fair Value
	(In thousands)	(Per share)
Outstanding at December 31, 2019	1,764	$	47.76
Granted	586		39.80
Vested	(247)		50.20
Forfeited	(106)		52.41
Outstanding at June 30, 2020	1,997	$	44.87