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Stock-Based Compensation Arrangements (Tables)
 6 Months Ended
Jul. 01, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
 
Six Months Ended
 
July 1,
2018
 
July 2,
2017
 
(in thousands)
Stock-based compensation costs
$
233

 
$
343

Portion capitalized as property and equipment (1)
(6
)
 
(7
)
Stock-based compensation expense recognized
$
227

 
$
336

The following table summarizes stock-based compensation expense and the associated tax benefit recognized in the Consolidated Financial Statements for the periods presented:
 
Three Months Ended
 
July 1,
2018
 
July 2,
2017
 
(in thousands)
Stock-based compensation costs
$
166

 
$
189

Portion capitalized as property and equipment (1)
(3
)
 
(3
)
Stock-based compensation expense recognized
$
163

 
$
186


 
Six Months Ended
 
July 1,
2018
 
July 2,
2017
 
(in thousands)
Stock-based compensation costs
$
233

 
$
343

Portion capitalized as property and equipment (1)
(6
)
 
(7
)
Stock-based compensation expense recognized
$
227

 
$
336
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable [Table Text Block]
A summary of the options outstanding under the equity incentive plan as of July 1, 2018 and the activity for the six months ended July 1, 2018 is presented below:
 
Stock Options
Weighted Average Exercise Price (1)
Weighted Average Remaining Contractual Term
Aggregate Intrinsic Value
 
 
($ per share)
 
($ in thousands)
Outstanding stock options, December 31, 2017
2,349,288

$9.00


     Options Granted
112,769

$13.73


     Options Exercised
(7,745
)
$9.96


     Options Forfeited
(191,632
)
$9.58


Outstanding stock options, July 1, 2018
2,262,680

$9.17
6.2
$
132

Stock options expected to vest, July 1, 2018
1,573,236

$9.40
6.3
$
—

Exercisable stock options, July 1, 2018
514,639

$8.41
5.8
$
423

 
 
 
 
 
__________________
(1)    The weighted average exercise price reflects the original grant date fair value per option as adjusted for the dividend payment made in August 2015.
As of July 1, 2018, we had $1.1 million of total unrecognized share-based compensation expense related to unvested options, which is expected to be amortized over the remaining weighted-average period of 2.8 years.
Schedule of Stock-Based Compensation Expense and Associated Tax Benefits Recognized
10. Stock-Based Compensation Arrangements:
The 2014 Equity Incentive Plan provides Parent authority to grant equity incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, stock bonus awards or performance compensation awards to certain directors, officers or employees of the Company. A summary of the options outstanding under the equity incentive plan as of July 1, 2018 and the activity for the six months ended July 1, 2018 is presented below:
 
Stock Options
Weighted Average Exercise Price (1)
Weighted Average Remaining Contractual Term
Aggregate Intrinsic Value
 
 
($ per share)
 
($ in thousands)
Outstanding stock options, December 31, 2017
2,349,288

$9.00


     Options Granted
112,769

$13.73


     Options Exercised
(7,745
)
$9.96


     Options Forfeited
(191,632
)
$9.58


Outstanding stock options, July 1, 2018
2,262,680

$9.17
6.2
$
132

Stock options expected to vest, July 1, 2018
1,573,236

$9.40
6.3
$
—

Exercisable stock options, July 1, 2018
514,639

$8.41
5.8
$
423

 
 
 
 
 
__________________
(1)    The weighted average exercise price reflects the original grant date fair value per option as adjusted for the dividend payment made in August 2015.
As of July 1, 2018, we had $1.1 million of total unrecognized share-based compensation expense related to unvested options, which is expected to be amortized over the remaining weighted-average period of 2.8 years.
 
The following table summarizes stock-based compensation expense and the associated tax benefit recognized in the Consolidated Financial Statements for the periods presented:
 
Three Months Ended
 
July 1,
2018
 
July 2,
2017
 
(in thousands)
Stock-based compensation costs
$
166

 
$
189

Portion capitalized as property and equipment (1)
(3
)
 
(3
)
Stock-based compensation expense recognized
$
163

 
$
186


 
Six Months Ended
 
July 1,
2018
 
July 2,
2017
 
(in thousands)
Stock-based compensation costs
$
233

 
$
343

Portion capitalized as property and equipment (1)
(6
)
 
(7
)
Stock-based compensation expense recognized
$
227

 
$
336


 __________________
(1)
We capitalize the portion of stock-based compensation costs related to our design, construction, facilities and legal departments that are directly attributable to our venue development projects, such as the design and construction of a new venue and the remodeling and expansion of our existing venues. Capitalized stock-based compensation costs attributable to our venue development projects are included in “Property and equipment, net” in the Consolidated Balance Sheets.