Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v2.4.0.6
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 23, 2012
Summary Of Stock-Based Compensation Activity

A summary of stock-based compensation activity and changes for the thirty-nine weeks ended September 23, 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

     (4,621     8.99         
  

 

 

   

 

 

    

 

 

    

 

 

 

Outstanding and expected to vest at September 23, 2012

     1,053,949      $ 5.28         5.46       $ 18,387   
  

 

 

   

 

 

    

 

 

    

 

 

 

Exercisable at September 23, 2012

     841,121      $ 3.72         4.79       $ 15,993   
  

 

 

   

 

 

    

 

 

    

 

 

 
Weighted-Average Assumptions

The weighted-average grant date fair value of options granted during the thirty-nine weeks ended September 23, 2012 was $6.07 per share, as estimated at the date of grant using the Black-Scholes pricing model with the following weighted-average assumptions:

Dividend yield

     0%   

Expected volatility

     44%   

Risk-free rate of return

     0.68%   

Expected life

     5.4 years