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Stock Based Compensation (Tables)
9 Months Ended
Sep. 26, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option Activity
Stock option activity for 2015 is summarized in the following table:
 
Shares subject to option
 
Weighted average exercise price per share
 
Aggregate intrinsic value
(in millions)
Outstanding at December 27, 2014
2,192,136

 
$
48.95

 
 
Granted
7,132

 
62.40

 
 
Expired / Forfeited
(11,158
)
 
69.28

 
 
Exercised
(240,269
)
 
31.96

 
 
Outstanding at September 26, 2015
1,947,841

 
$
50.96

 
$
14.6

Exercisable at September 26, 2015
1,343,978

 
$
43.26

 
$
14.6

Time Vested, Performance Vested and Market Vested Share Awards Activity
The Company also has time-vested, performance-vested and market-vested share awards. The activity for such awards in 2015 is summarized in the following table:
 
Shares outstanding
 
Weighted average grant date fair value
December 27, 2014
651,849

 
$
59.76

Time-vested shares granted
22,339

 
65.20

Market-vested shares granted
23,637

 
64.21

Performance shares granted
62,722

 
72.61

Performance share adjustments
(1,132
)
 
78.97

Vested
(251,819
)
 
36.63

Forfeited
(9,213
)
 
75.12

September 26, 2015
498,383

 
$
73.12

Schedule of Compensation Expense
Compensation expense related to the Company's stock based compensation for the third quarter and year-to-date periods ended September 26, 2015 and September 27, 2014 was as follows:
 
Third Quarter
 
Year-to-Date
(In millions)
2015
 
2014
 
2015
 
2014
Stock options
$
0.4

 
$
0.4

 
$
1.5

 
$
1.3

Time, performance and market vested share awards
3.2

 
2.7

 
10.3

 
10.2