Stockholders' Equity and Share-Based Compensation |
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Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stockholders' Equity and Share-Based Compensation |
Note 3 – Stockholders’ Equity and Share-Based Compensation Options and Restricted Stock Units The Company had the following common stock option activity during the twenty-six weeks ended June 29, 2019:
The following table summarizes the Company’s restricted stock unit ("RSU") activity for the twenty-six weeks ended June 29, 2019, and details regarding the awards outstanding and exercisable at June 29, 2019 (in thousands):
During the twenty-six weeks ended June 29, 2019, 378 RSUs that vested were time-based and 44 were performance-based. In addition, 81 share awards were released to two departing board members and 7 shares were issued as partial payment for director’s fee as elected by a Board member. For the RSUs awarded, the number of shares issued on the date of vest is net of the minimum statutory withholding requirements that we pay in cash to the appropriate taxing authorities on behalf of our employees. For those employees who elect not to receive shares net of the minimum statutory withholding requirements, the appropriate taxes are paid directly by the employee. During the twenty-six weeks ended June 29, 2019, we withheld 95 shares to satisfy $102 of employees’ tax obligations. Although shares withheld are not issued, they are treated as a common stock repurchase in our consolidated financial statements, as they reduce the number of shares that would have been issued upon vesting. For the thirteen and twenty-six weeks ended June 29, 2019, we recorded compensation costs related to stock options and RSUs of $625 and $1,180, respectively. For the thirteen and twenty-six weeks ended June 30, 2018 we recorded compensation costs related to stock options and RSUs of $156 and $1,158, respectively. As of June 29, 2019, there was unrecognized compensation expense related to stock options and RSUs of $4,056. |