Stock-Based Compensation (Tables)

9 Months Ended

Sep. 26, 2014

Stock-Based Compensation Expense Included in Selling, General and Administrative Expenses Related to Stock Options and Restricted Stock Awards

We maintain various compensation plans for officers, other employees, and non-employee members of our Board of Directors. Stock-based compensation expense included in selling, general and administrative expenses related to stock options on a straight-line, single-award basis, restricted stock awards, restricted stock units and performance stock units included in the accompanying Consolidated Statements of Income were as follows (U.S. dollars in millions):



	Quarter ended				Nine months ended
	September 26, 2014		September 27, 2013		September 26, 2014		September 27, 2013
Stock-based compensation expense	$	4.3	$	3.0	$	9.8	$	8.0

Stock Option Grants

The following table lists the various stock option grants from our 2014 Plan and Prior Plans for the nine months ended September 26, 2014 and September 27, 2013:



Stock Option Grant	Number of Options Granted	Exercise Price		Fair Value
April 30, 2014 - Chairman and Chief Executive Officer	161,000	$	28.89	$	6.26	⁽¹⁾
February 20, 2013 - Chairman and Chief Executive Officer	161,000	26.52		8.38		⁽²⁾
July 31, 2013 - Employees	149,000	28.01		6.79		⁽³⁾
July 31, 2013 - Employees	446,000	$	28.09	8.46		⁽²⁾

⁽¹⁾Options granted under the 2014 Plan based on daily closing stock prices.

⁽²⁾Option granted under the 2011 Plan based on daily closing stock prices.

⁽³⁾Option granted under the 1999 Plan based on daily average of high and low stock prices.

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

The following table lists the various restricted stock awards and related compensation expense under Prior Plans for the quarters and nine months ended September 26, 2014 and September 27, 2013 (U.S. dollars in millions except share and per share data):



Date of Award	Shares of Restricted Stock Awarded	Price Per Share		Compensation Expense
January 2, 2014	26,117	$	28.15	$	0.7
January 2, 2013	26,201	26.72		0.7

Restricted Stock Units Award Activity



Date of Award	Type of Award	Units Awarded	Price Per Share
July 30, 2014	RSU	311,000	$	29.99
February 19, 2014	PSU	165,000	25.52
February 20, 2013	PSU	175,000	26.52

Schedule of Compensation Expense Related to Restricted Stock Units

The following table lists the compensation expense related to RSUs/PSUs for the quarters and nine months ended September 26, 2014 and September 27, 2013 (U.S. dollars in millions).



	Quarter ended				Nine months ended
	September 26, 2014		September 27, 2013		September 26, 2014		September 27, 2013
RSUs/PSUs compensation expense	$	3.0	$	0.7	$	5.0	$	1.8