Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 27, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Impact of Stock-Based Compensation
The following table provides the impact of stock-based compensation in our unaudited condensed consolidated and combined statements of income:

 
Three Months Ended

 
March 27,
(In thousands)
 
2015
Compensation costs for equity-based awards
 
$
1,758

Compensation costs for liability-based awards
 
121

Total compensation costs, pre-tax
 
$
1,879

Future tax benefit
 
$
676
Schedule of Non-Qualified Stock Options and Restricted Stock Units, Activity
The following table provides a summary of the activities for NQOs and RSUs for the three months ended March 27, 2015:

 
NQOs
 
RSUs
(In thousands, except per share data)
 
Shares
 
Weighted Average Exercise Price Per Share
 
Shares
 
Weighted Average Exercise Price Per Share
Outstanding at January 1, 2015
 
446

 
$17.43
 
423

 
$19.28
Granted
 
54

 
$32.04
 
68

 
$32.04
Exercised
 
—

 
$0.00
 
—

 
$0.00
Vested
 
—

 
$0.00
 
(80
)
 
$17.28
Forfeited or expired
 
—

 
$0.00
 
—

 
$0.00
Outstanding at March 27, 2015
 
500

 
$19.00
 
411

 
$21.78
Schedule of Assumptions Utilized
The following assumptions were utilized in deriving the fair value for NQOs granted on March 4, 2015 under the Black-Scholes model:
Expected volatility

34.2
%
Expected life (in years)

7.0

Risk-free rates

2.01
%
Weighted-average grant date fair value per share

$12.65