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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of assumptions used in estimating fair value of each option grant
 
2016
 
2015
 
2014
Expected volatility
33.88
%
 
34.13
%
 
32.27
%
Risk-free interest rate
1.83
%
 
1.58
%
 
1.43
%
Expected life from vesting date
3.0 yrs

 
3.0 yrs

 
3.0 yrs

Dividend yield
1.13
%
 
0.94
%
 
0.75
%
Summary of activity of stock plans
Following is a summary of the activity of the stock plans during 2014, 2015 and 2016:
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding at December 28, 2013
795,221

 
$
99.29

 
 
 
 
Granted
177,717

 
132.94

 
 
 
 
Exercised
(194,627
)
 
(71.67
)
 
 
 
 
Forfeited
(9,716
)
 
(126.23
)
 
 
 
 
Outstanding at December 27, 2014
768,595

 
$
113.72

 
4.74
 
$
15,983

Options vested or expected to vest at December 27, 2014
746,974

 
$
113.06

 
4.69
 
15,981

Options exercisable at December 27, 2014
450,539

 
$
97.29

 
3.59
 
15,944

The weighted average per share fair value of options granted during 2014, was $33.94.
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding at December 27, 2014
768,595

 
$
113.72

 
 
 
 
Granted
291,708

 
104.89

 
 
 
 
Exercised
(169,493
)
 
74.37

 
 
 
 
Forfeited
(41,201
)
 
137.02

 
 
 
 
Outstanding at December 26, 2015
849,609

 
$
117.42

 
5.18
 
$
4,536

Options vested or expected to vest at December 26, 2015
818,300

 
$
117.61

 
5.13
 
4,456

Options exercisable at December 26, 2015
409,068

 
$
119.43

 
3.74
 
3,376

The weighted average per share fair value of options granted during 2015 was $27.91.
(11) STOCK-BASED COMPENSATION (Continued)
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding at December 26, 2015
849,609

 
$
117.42

 
 
 
 
Granted
85,092

 
151.37

 
 
 
 
Exercised
(109,893
)
 
101.69

 
 
 
 
Forfeited
(31,635
)
 
129.36

 
 
 
 
Outstanding at December 31, 2016
793,173

 
$
122.77

 
4.78
 
$
16,640

Options vested or expected to vest at December 31, 2016
774,139

 
$
124.18

 
4.75
 
16,200

Options exercisable at December 31, 2016
469,844

 
$
123.75

 
3.96
 
9,056

The weighted average per share fair value of options granted during 2016 was $40.00.
Summary of status of stock options outstanding
Following is a summary of the status of stock options outstanding at December 31, 2016:
Outstanding and Exercisable By Price Range
Options Outstanding
 
Options Exercisable
Exercise Price
Range
 
Number
 
Weighted
Average
Remaining
Contractual
Life
 
Weighted
Average
Exercise
Price
 
Number
 
Weighted
Average
Exercise
Price
$83.94 - 105.44
 
347,914

 
5.06 years
 
$
100.47

 
162,533

 
$
95.93

$110.33 - 132.84
 
147,717

 
4.95 years
 
132.17

 
94,517

 
132.44

$136.42 - 151.90
 
297,542

 
4.36 years
 
144.18

 
212,794

 
141.15

 
 
793,173

 
 
 
 
 
469,844

 
 
Schedule of non-vested stock and restricted stock units
 
2016
 
2015
 
2014
Shares issued
58,961

 
47,038

 
35,885

Weighted‑average per share price on grant date
$
150.48

 
$
108.97

 
$
136.91

Recognized compensation expense
$
4,069

 
$
4,511

 
$
3,978