Buffalo Wild Wings 2014 Annual Report Download - page 30

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29
Compensation expense for restricted stock units is recognized for the expected number of shares vesting at the end of
each annual period. Restricted stock units granted in 2014, 2013, and 2012 are subject to three-year cliff vesting and a
cumulative three-year earnings target. The number of units that vest is based on performance against the target. Stock-based
compensation is recognized for the expected number of shares vesting at the end of the three-year period and is expensed over
that period. For these restricted stock unit grants, significant assumptions are made to estimate the expected net earnings levels
for future years and the expected forfeitures.