Annual report pursuant to Section 13 and 15(d)

Equity-Based Compensation (Tables)

v3.10.0.1
Equity-Based Compensation (Tables)
 12 Months Ended
Dec. 29, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Remaining Unrecognized Compensation Expense For Unvested Awards



 

 



 

 

2019

 

$         12,186

2020

 

 6,566 

2021

 

 4,768 

2022

 

 277 



 

$         23,797



 

 

The cost above is expected to be recognized over a weighted-average period of 1.71 years.

 

 



 

 



Stock-Settled Stock Appreciation Rights [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Fair Value Assumptions



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

Year ended

 

 



 

 

 

 

 

 

 

 



 

2016

 

2017

 

2018

 

 



 

 

 

 

 

 

 

 

Expected volatility (1)

 

 47.5% 

 

N/A

 

N/A

 

 

Risk-free interest rate (2)

 

 1.1% 

 

N/A

 

N/A

 

 

Expected life (3)

 

3.7 yrs.

 

N/A

 

N/A

 

 

Expected dividend yield (4)

 

 0.0% 

 

N/A

 

N/A

 

 

Weighted-average exercise price (5)

 

 $63.16 

 

N/A

 

N/A

 

 



 

 

 

 

 

 

 

 

(1) The Company utilizes historical volatility of the trading price of its common stock.

 

(2) Risk-free interest rate is based on the U.S. Treasury yield curve with respect to the expected life of the award.

 

(3) Depending upon the terms of the award, one of two methods will be used to calculate expected life:

 

  (i) a weighted-average that includes historical settlement data of the Company’s equity awards and a

 

  hypothetical holding period, or (ii) the simplified method.

 

(4) The Company historically has not paid and currently has no plan to pay dividends.

 

 

(5) Exercise price is the closing price of the Company's common stock on the date of grant.

 

 



 

 



Schedule Of Stock-Settled Stock Appreciation Rights Activity



 

 

 

 

 

 

 

 

 



 

Shares

 

Weighted-average exercise price

 

Weighted-average remaining contractual term

 

Aggregate intrinsic value*

 

Outstanding at December 30,  2017

 

 2,290 

 

$          62.49

 

 2.6 

 

$        26,703

 

Granted

 

 -

 

 -

 

 

 

 

 

Exercised

 

 (880)

 

 56.81 

 

 

 

 

 

Forfeited

 

 (94)

 

 64.97 

 

 

 

 

 

Expired

 

 -

 

 -

 

 

 

 

 



 

 

 

 

 

 

 

 

 

Outstanding at December 29,  2018

 

 1,316 

 

$          66.07

 

 1.8 

 

$        64,359

 



 

 

 

 

 

 

 

 

 

Exercisable at December 29,  2018

 

 329 

 

$          67.60

 

 1.5 

 

$        15,578

 



 

 

 

 

 

 

 

 

 



 





* Aggregate intrinsic value is defined as the difference between the current market value at the reporting date (the closing price of the Company's common stock on the last trading day of the period) and the exercise price of awards that were in-the-money.  The closing price of the Company's common stock at December 30, 2017, and December 29, 2018, was $74.05 and $114.96, respectively.

Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Restricted Stock Unit Activity



 

 

 

 



 

Shares

 

Weighted-average grant date fair value

Outstanding at December 30, 2017

 

 92 

 

$                    59.42

Granted

 

 135 

 

 73.25 

Vested

 

 (25)

 

 63.52 

Forfeited

 

 (6)

 

 61.36 



 

 

 

 

Outstanding at December 29, 2018

 

 196 

 

$                    68.22



 

 

 

 



Cash-Settled Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Cash-Settled Restricted Stock Unit Activity



 

 

 

 



 

Shares

 

Weighted-average grant date fair value

Nonvested at December 30, 2017

 

 -

 

$                          -

Granted

 

 1 

 

 107.29 

Vested

 

 -

 

 -

Forfeited

 

 -

 

 -



 

 

 

 

Nonvested at December 29, 2018

 

 1 

 

$                 107.29



 

 

 

 



Deferred Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Deferred Stock Unit Activity



 

 

 

 



 

Shares

 

Weighted-average grant date fair value

Nonvested at December 30, 2017

 

 3 

 

$                    60.24

Granted

 

 -

 

 -

Vested

 

 (3)

 

 60.24 

Forfeited

 

 -

 

 -



 

 

 

 

Nonvested at December 29, 2018

 

 -

 

$                           -