v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Stock-Based Compensation  
Schedule of information related to stock-based compensation, net of forfeitures

The following table presents information related to stock-based compensation, net of forfeitures (in thousands):

Thirteen

Thirteen

Twenty-Six

Twenty-Six

Weeks Ended

Weeks Ended

Weeks Ended

Weeks Ended

  ​ ​ ​

June 30, 2026

  ​ ​ ​

July 1, 2025

  ​ ​ ​

June 30, 2026

  ​ ​ ​

July 1, 2025

Labor expenses

$

2,852

$

2,542

$

5,625

$

4,979

Other operating costs and expenses

100

101

198

200

General and administrative expenses

5,809

4,546

9,952

9,591

Total stock-based compensation

8,761

7,189

15,775

14,770

Income tax benefit

2,158

1,759

3,888

3,629

Total stock-based compensation, net of taxes

$

6,603

$

5,430

$

11,887

$

11,141

Capitalized stock-based compensation (1)

$

54

$

59

$

107

$

113

(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 30, 2025

471

$

41.08

4.1

$

4,203.7

Granted

 

Exercised

 

(161)

45.19

Forfeited or cancelled

 

Outstanding at June 30, 2026

310

$

38.93

5.0

$

12,562.9

Exercisable at June 30, 2026

 

245

$

39.64

4.4

$

9,762.7

(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 30, 2025

 

3,176

$

41.31

Granted

 

527

60.40

Vested

 

(566)

42.82

Forfeited

 

(58)

40.60

Outstanding at June 30, 2026

 

3,079

$

44.31