Dunkin' Donuts 2013 Annual Report Download - page 90

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-80-
(e) Dividends
During fiscal year 2013, the Company paid dividends on common stock as follows:
Dividend per
share
Total amount
(in thousands) Payment date
Fiscal year 2013:
First quarter $ 0.19 $ 20,191 February 20, 2013
Second quarter 0.19 20,259 June 6, 2013
Third quarter 0.19 20,257 September 4, 2013
Fourth quarter 0.19 20,301 November 26, 2013
During fiscal year 2012, the Company paid dividends on common stock as follows:
Dividend per
share
Total amount
(in thousands) Payment date
Fiscal year 2012:
First quarter $ 0.15 $ 18,046 March 28, 2012
Second quarter 0.15 18,068 May 16, 2012
Third quarter 0.15 18,075 August 24, 2012
Fourth quarter 0.15 15,880 November 14, 2012
On February 6, 2014, we announced that our board of directors approved an increase to the next quarterly dividend to $0.23 per
share of common stock, payable March 19, 2014 to shareholders of record as of the close of business on March 10, 2014.
(14) Equity incentive plans
The Company’s 2006 Executive Incentive Plan, as amended, (the “2006 Plan”) provides for the grant of stock-based and other
incentive awards. A maximum of 12,191,145 shares of common stock may be delivered in satisfaction of awards under the
2006 Plan, of which a maximum of 5,012,966 shares may be awarded as nonvested (restricted) shares and a maximum of
7,178,179 may be delivered in satisfaction of stock options.
The Dunkin’ Brands Group, Inc. 2011 Omnibus Long-Term Incentive Plan (the “2011 Plan”) was adopted in July 2011, and is
the only plan under which the Company currently grants awards. A maximum of 7,000,000 shares of common stock may be
delivered in satisfaction of awards under the 2011 Plan.
Total share-based compensation expense, which is included in general and administrative expenses, net, consisted of the
following (in thousands):
Fiscal year ended
December 28,
2013
December 29,
2012
December 31,
2011
Restricted shares $ 3 132 2,739
2006 Plan stock options—executive 977 4,245 1,626
2006 Plan stock options—nonexecutive 162 181 202
2011 Plan stock options 4,668 2,026 32
Restricted stock units 1,513 336 33
Total share-based compensation $ 7,323 6,920 4,632
Total related tax benefit $ 2,958 2,768 1,852
The actual tax benefit realized from stock options exercised during fiscal years 2013, 2012, and 2011 was $15.9 million, $14.1
million, and $438 thousand respectively.
Nonvested (restricted) shares
The Company historically issued restricted shares of common stock to certain executive officers of the Company. The restricted
shares generally vested in three separate tranches with different vesting conditions. In addition to the vesting conditions