Stock-Based Compensation (Tables)

4 Months Ended

Apr. 22, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Allocation of Stock-Based Compensation Expense in Condensed Consolidated Statements of Earnings

Stock-based compensation expense recognized and included in “Selling, general and administrative expenses” in the condensed consolidated statements of earnings, and related tax benefits were as follows

	16 Weeks Ended
	April 22,			April 23,
(In thousands)	2017			2016
Restricted stock	$	6,352		$	5,024
Tax benefits		(3,434	)		(1,914	)
Stock-based compensation expense, net of tax	$	2,918		$	3,110

Summary of Stock-Based Compensation Activity

The following table summarizes activity in the stock-based compensation plans for the 16 weeks ended April 22, 2017:

									Weighted
	Shares			Weighted		Restricted			Average
	Under			Average		Stock			Grant-Date
	Options			Exercise Price		Awards			Fair Value
Outstanding at December 31, 2016		200,517		$	19.94		660,143		$	26.48
Granted		—			—		271,397			34.78
Exercised/Vested		(152,589	)		21.02		(215,508	)		26.25
Cancelled/Forfeited		—			—		(42,479	)		27.89
Outstanding at April 22, 2017		47,928		$	16.52		673,553		$	29.81