Baskin Robbins 2015 Annual Report Download - page 92

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(d) Dividends
During fiscal year 2015, the Company paid dividends on common stock as follows:
Dividend per
share
Total amount
(in thousands) Payment date
Fiscal year 2015:
First quarter $ 0.265 $ 25,688 March 18, 2015
Second quarter 0.265 25,127 June 17, 2015
Third quarter 0.265 25,197 September 2, 2015
Fourth quarter 0.265 24,504 December 2, 2015
During fiscal year 2014, the Company paid dividends on common stock as follows:
Dividend per
share
Total amount
(in thousands) Payment date
Fiscal year 2014:
First quarter $ 0.23 $ 24,520 March 19, 2014
Second quarter 0.23 24,239 June 4, 2014
Third quarter 0.23 23,997 September 3, 2014
Fourth quarter 0.23 24,019 December 3, 2014
On February 4, 2016, we announced that our board of directors approved an increase to the next quarterly dividend to $0.30 per
share of common stock, payable March 16, 2016 to shareholders of record as of the close of business on March 7, 2016.
(14) Equity incentive plans
The Dunkin’ Brands Group, Inc. 2015 Omnibus Long-Term Incentive Plan (the “2015 Plan”) was adopted in May 2015. A
maximum of 6,200,000 shares of common stock may be delivered in satisfaction of awards under the 2015 Plan. The 2015 Plan
is the only plan under which the Company will grant awards. Historically, the Company granted awards under the Dunkin’
Brands Group, Inc. 2011 Omnibus Long-Term Incentive Plan (the “2011 Plan”) and the 2006 Executive Incentive Plan, as
amended (the “2006 Plan”) prior to the 2015 Plan.
The Company also established an employee stock purchase plan (“ESPP”), effective October 1, 2015, that permits eligible
employees to contribute up to 10% of their base earnings toward purchase of common stock of the Company. The purchase
price is 90% of the closing price of the stock on the last business day of the six-month offering period. The aggregate number
of shares of common stock that may be purchased under the plan is 500,000. No shares have been purchased under the ESPP as
of December 26, 2015.
Total share-based compensation expense, which is included in general and administrative expenses, net, consisted of the
following (in thousands):
Fiscal year ended
December 26,
2015
December 27,
2014
December 28,
2013
2006 Plan—nonexecutive and 2011 Plan stock options $ 10,519 6,978 4,830
2011 Plan restricted shares 1,967 1,456 —
Restricted stock units 3,408 2,419 1,513
Other 198 434 980
Total share-based compensation $ 16,092 11,287 7,323
Total related tax benefit $ 6,512 4,567 2,958
The actual tax benefit realized from stock options exercised during fiscal years 2015, 2014, and 2013 was $13.1 million, $11.5
million, and $15.9 million respectively.
2006 Plan—nonexecutive and 2011 Plan stock options
During fiscal years 2015, 2014, and 2013, the Company granted options to certain employees to purchase 1,621,899,
1,406,308, and 1,177,999 shares, respectively, of common stock under the 2011 Plan. Additionally, the Company had granted
options to nonexecutives to purchase shares of common stock under the 2006 Plan in prior years. The nonexecutive options and