Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.22.2.2
Stock-based Compensation (Tables)
 9 Months Ended
Sep. 29, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
The table below presents components of stock-based compensation expense within the Company’s Condensed Consolidated Statements of Operations and Comprehensive Income:
Thirty-nine Weeks Ended
in thousands September 29, 2022 September 30, 2021
General and administrative $ 16,911  $ 15,335 
Selling and store operating 318  — 
Total stock-based compensation expense $ 17,229  $ 15,335 
Stock Option Activity
The table below summarizes stock option activity for the thirty-nine weeks ended September 29, 2022.
Options Weighted Average Exercise Price
Outstanding at December 31, 2021 2,503,654  $ 26.81 
Exercised (321,756) 22.07 
Forfeited or expired (45,215) 51.72 
Outstanding at September 29, 2022
 2,136,683  $ 27.00 
Vested and exercisable at September 29, 2022
 1,761,333  $ 22.04 
Restricted Stock Unit Activity
The following table summarizes restricted stock unit activity during the thirty-nine weeks ended September 29, 2022:
Restricted Stock Units
Service-based Performance-based Total Restricted Stock Units
Unvested at December 31, 2021 214,778  —  214,778 
Granted 255,578  36,566  292,144 
Vested (54,153) —  (54,153)
Forfeited (21,495) —  (21,495)
Unvested at September 29, 2022 394,708  36,566  431,274 
Restricted Stock Award Activity
The following table summarizes restricted stock award activity during the thirty-nine weeks ended September 29, 2022:
Restricted Stock Awards
Service-based Performance-based Total Stock Return (TSR) Total Restricted Stock Awards
Unvested at December 31, 2021 144,725  160,315  104,456  409,496 
Vested (24,656) —  —  (24,656)
Forfeited (16,195) (25,997) (16,939) (59,131)
Unvested at September 29, 2022 103,874  134,318  87,517  325,709