Stock-Based Compensation (Tables)
6 Months Ended
Jun. 26, 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
 
Six Months Ended
 
 
June 26,
 
June 26,
(In thousands)
 
2015
 
2015
Compensation costs for equity-based awards
 
$
1,829

 
$
3,587

Compensation costs for liability-based awards
 
144

 
265

Total compensation costs, pre-tax
 
$
1,973

 
$
3,852

Future tax benefit
 
$
711

 
$
1,387

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 six months ended June 26, 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
 
93

 
$30.31
Exercised
 
(8
)
 
$13.22
 

 
$0.00
Vested
 

 
$0.00
 
(105
)
 
$18.10
Forfeited or expired
 

 
$0.00
 

 
$0.00
Outstanding at June 26, 2015
 
492

 
$19.10
 
411

 
$22.07
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