Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v2.4.0.6
Stock Based Compensation (Tables)
12 Months Ended
Dec. 30, 2012
Stock-Based Compensation Activity and Changes

A summary of stock-based compensation activity and changes during the fiscal year ended December 30, 2012 are as follows:

 

     Shares     Weighted
Average
Exercise Price
     Weighted
Average
Remaining
Contractual
Term (Year)
     Aggregate
Intrinsic
Value
 

Outstanding and expected to vest at December 25, 2011

     970,273      $ 4.36         

Granted

     88,297        15.63         

Forfeited

     (5,709     9.34         
  

 

 

   

 

 

    

 

 

    

 

 

 

Outstanding and expected to vest at December 30, 2012

     1,052,861      $ 5.28         5.19       $ 18,058   
  

 

 

   

 

 

    

 

 

    

 

 

 

Exercisable at December 30, 2012

     857,072      $ 3.84         4.57       $ 15,930   
  

 

 

   

 

 

    

 

 

    

 

 

 
Weighted-Average Assumptions

The weighted-average grant date fair value of options granted was $6.07, $5.71 and $4.17 for the years ended December 30, 2012, December 25, 2011, December 26, 2010, respectively, as estimated at the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions:

 

     2012      2011      2010  

Dividend yield

     0%         0%         0%   

Expected volatility

     44%         44%         44%   

Risk-free rate of return

     0.68%         3.36%         3.36%   

Expected life

     5 years         7.5 years         7 years