Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Impact of Stock-Based Compensation
Stock-based compensation expense and the associated tax benefits impacting our condensed consolidated statements of income were as follows:

 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 25,
 
September 30,
 
September 25,
(In thousands)
 
2016
 
2015
 
2016
 
2015
Compensation costs for equity-based awards
 
$
1,002

 
$
1,696

 
$
3,350

 
$
5,282

Compensation costs for liability-based awards
 
(728
)
 
74

 
192

 
339

Total compensation costs, pre-tax
 
$
274

 
$
1,770

 
$
3,542

 
$
5,621

Future tax benefit
 
$
97

 
$
637

 
$
1,260

 
$
2,024

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 nine months ended September 30, 2016:

 
NQOs
 
RSUs
(In thousands, except per share data)
 
Shares
 
Weighted Average Exercise Price Per Share
 
Shares
 
Weighted Average Grant Date Fair Value Per Share
Outstanding at January 1, 2016
 
486

 
$19.25
 
350

 
$22.47
Granted
 
87

 
$20.06
 
152

 
$20.88
Exercised
 
(37
)
 
$15.22
 
—

 
—

Vested
 
—

 
—

 
(146
)
 
$20.52
Forfeited or expired
 
(13
)
 
$21.19
 
(14
)
 
$22.68
Outstanding at September 30, 2016
 
523

 
$19.62
 
342

 
$22.57
Schedule of Assumptions Utilized
The following assumptions were utilized in deriving the fair value for NQOs granted on March 4, 2016 under the Black-Scholes model:
Expected volatility

30.2
%
Expected life (in years)

7.0

Risk-free rate

1.69
%
Weighted-average grant date fair value per share

$7.06