1.0.0.3 false Stock-Based Compensation false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDEPS Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 Stock-Based Compensation [Abstract] 0 mhs_StockBasedCompensationAbstract mhs false na duration string Stock-Based Compensation Footnote Disclosure false false false false false true false false false 1 false false 0 0 false false Stock-Based Compensation Footnote Disclosure false 3 Stock-Based Compensation 1 us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <div><div><h1 style="margin-top: 0in; margin-right: 0in; margin-bottom: 11.0pt; margin-left: 0in; text-indent: 0in; font-size: 11.0pt; font-family: 'Times New Roman','serif'; text-transform: uppercase; letter-spacing: -.15pt;"><a name="_AUC9a689b294c1245be9a601b7c4748410b"></a><a name="_Toc96255590">11.  STOCK-BASED COMPENSATION</a></h1> Overview. The Compensation Committee of the Company’s Board of Directors regularly reviews the Company’s compensation structure and practices, including the timing of its stock-based awards. The Audit Committee of the Company’s Board of Directors also reviews the Company’s option-granting practices from time to time. The Company grants options to employees and directors to purchase shares of Medco common stock at the fair market value on the date of grant. The options generally vest over three years (director options vest in one year) and expire within 10 years from the date of the grant. Vested options held by employees may expire earlier following termination of employment.  The post-termination exercise period varies from 90 days for a voluntary termination to the full remaining term for termination of employment following a change in control.  Directors always have the full term to exercise vested options.  All option exercises are subject to restrictions on insider trading, and directors, officers and certain other employees with regular access to material information are subject to quarterly restrictions on trading. Under the terms of the Medco Health Solutions, Inc. 2002 Stock Incentive Plan, as of December 26, 2009, 18.2 million shares of the Company’s common stock are available for awards. As of December 26, 2009, under the terms of the Accredo Health, Incorporated 2002 Long-Term Incentive Plan as amended and restated on August 18, 2005, there are 0.5 million shares of the Company’s common stock available for awards.   The fair value of options granted is estimated on the date of grant using the Black-Scholes option-pricing model. The Medco volatility assumption is based on the Company’s stock price volatility, and for the initial years as a publicly traded company was blended with a PBM industry volatility average. The Company uses historical data to estimate the expected option life. The expected option life represents the period of time that options granted are expected to be outstanding. Groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. The risk-free rate is based on the U.S. Treasury yield curve in effect at the time of grant. The weighted average fair value of options granted for fiscal years 2009, 2008 and 2007 was $11.40, $14.60 and $11.86, respectively. The weighted average assumptions utilized for options granted during the periods presented are as follows: <div align="center"> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Calibri','sans-serif'; border-collapse: separate; border: none;"> <tr> <td width="319" valign="top" style="width: 239.4pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   Fiscal Years </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 2009 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 2008 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 2007 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="319" valign="bottom" style="width: 239.4pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Medco stock options Black-Scholes assumptions (weighted average): </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="319" valign="bottom" style="width: 239.4pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Expected dividend yield......................................... </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> — </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> — </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> — </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="319" valign="bottom" style="width: 239.4pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Risk-free interest rate.............................................. </td> <td width="83" valign="top" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoBodyTextIndent" style="margin-top: 0in; margin-right: .6pt; margin-bottom: .0001pt; margin-left: 0px! important; text-align: justify; font-size: 9.0pt; font-family: 'Courier New'; letter-spacing: -.15pt; white-space: nowrap;">2.0% </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="top" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoBodyTextIndent" style="margin-top: 0in; margin-right: .6pt; margin-bottom: .0001pt; margin-left: 0px! important; text-align: justify; font-size: 9.0pt; font-family: 'Courier New'; letter-spacing: -.15pt; white-space: nowrap;">2.8% </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="top" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoBodyTextIndent" style="margin-top: 0in; margin-right: .6pt; margin-bottom: .0001pt; margin-left: 0px! important; text-align: justify; font-size: 9.0pt; font-family: 'Courier New'; letter-spacing: -.15pt; white-space: nowrap;">4.7% </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="319" valign="bottom" style="width: 239.4pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Expected volatility.................................................. </td> <td width="83" valign="top" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoBodyTextIndent" style="margin-top: 0in; margin-right: .6pt; margin-bottom: .0001pt; margin-left: 0px! important; text-align: justify; font-size: 9.0pt; font-family: 'Courier New'; letter-spacing: -.15pt; white-space: nowrap;">27.0% </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="top" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoBodyTextIndent" style="margin-top: 0in; margin-right: .6pt; margin-bottom: .0001pt; margin-left: 0px! important; text-align: justify; font-size: 9.0pt; font-family: 'Courier New'; letter-spacing: -.15pt; white-space: nowrap;">27.0% </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="top" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoBodyTextIndent" style="margin-top: 0in; margin-right: .6pt; margin-bottom: .0001pt; margin-left: 0px! important; text-align: justify; font-size: 9.0pt; font-family: 'Courier New'; letter-spacing: -.15pt; white-space: nowrap;">29.0% </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="319" valign="bottom" style="width: 239.4pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Expected life (years)............................................... </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: .0001pt; font-size: 10.0pt; font-family: 'Times New Roman','serif'; margin-top: 0in; margin-right: .6pt; margin-left: 0px! important; white-space: nowrap;">5.0 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: .0001pt; font-size: 10.0pt; font-family: 'Times New Roman','serif'; margin-top: 0in; margin-right: .6pt; margin-left: 0px! important; white-space: nowrap;">5.0 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="83" valign="bottom" style="width: 62.2pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: .0001pt; font-size: 10.0pt; font-family: 'Times New Roman','serif'; margin-top: 0in; margin-right: .6pt; margin-left: 0px! important; white-space: nowrap;">5.0 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> </table> </div>   Stock Option Plans. Summarized information related to stock options held by the Company’s employees and directors is as follows: <div align="center"> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Calibri','sans-serif'; margin-left: 43.05pt; border-collapse: separate; border: none;"> <tr> <td width="300" valign="top" style="width: 225.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">           </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;"> Number of Shares (in thousands) </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;"> Weighted Average Exercise Price </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;"> Weighted Average Remaining Contractual Term </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;"> Aggregate Intrinsic Value (in millions) </td> </tr> <tr> <td width="300" valign="top" style="width: 225.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Outstanding at December 27, 2008............................... </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-top: 0px; padding: 0in 5.4pt 0in 5.4pt;"> 27,387.3 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-top: 0px; padding: 0in 5.4pt 0in 5.4pt;"> 29.55 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 12.1pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="70" valign="bottom" style="width: 52.15pt; border: none; border-top: 0px; padding: 0in 5.4pt 0in 5.4pt;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; border-top: 0px; padding: 0in 5.4pt 0in 5.4pt;">   </td> </tr> <tr> <td width="300" valign="bottom" style="width: 225.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Granted............................................................................... </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   6,578.0 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 41.66 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 12.1pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="70" valign="bottom" style="width: 52.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="300" valign="bottom" style="width: 225.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Exercised............................................................................. </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> (7,027.0) </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 23.09 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 12.1pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="70" valign="bottom" style="width: 52.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="300" valign="bottom" style="width: 225.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Forfeited.............................................................................. </td> <td width="16" valign="top" style="width: 11.8pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">     (620.5) </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 36.23 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 12.1pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="70" valign="bottom" style="width: 52.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="300" valign="bottom" style="width: 225.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Outstanding at December 26, 2009............................... </td> <td width="16" valign="top" style="width: 11.8pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 26,317.8 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 34.14 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 12.1pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="70" valign="bottom" style="width: 52.15pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 6.77 </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 787.2 </td> </tr> <tr> <td width="300" valign="bottom" style="width: 225.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 12.1pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="70" valign="bottom" style="width: 52.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="300" valign="bottom" style="width: 225.15pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Exercisable at December 26, 2009................................ </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 14,306.7 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 27.23 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 12.1pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="70" valign="bottom" style="width: 52.15pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 5.53 </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">    526.7 </td> </tr> </table> </div>   The total intrinsic value of options exercised during fiscal years 2009, 2008 and 2007 was $202.6 million, $89.0 million and $254.7 million, respectively.   Net income, as reported, includes stock-based compensation expense related to stock options for fiscal years 2009, 2008 and 2007 of $45.3 million ($74.8 million pre-tax), $39.8 million ($65.7 million pre-tax) and $29.3 million ($48.2 million pre-tax), respectively.  As of December 26, 2009, there was $74.1 million of total unrecognized compensation cost related to outstanding stock options. That cost is expected to be recognized over a weighted average period of 1.8 years. The total fair value of shares vested during fiscal years 2009, 2008 and 2007 was $70.0 million, $65.7 million and $69.1 million, respectively. The Company expects the majority of outstanding non-vested options to vest. The activity related to non-vested options is as follows:   <div align="center"> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Calibri','sans-serif'; margin-left: 0px! important; border-collapse: separate;"> <tr> <td width="307" valign="bottom" style="width: 3.2in; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; padding: 0in 5.75pt 0in 5.75pt;">   Number of </td> <td width="18" valign="bottom" style="width: 13.6pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; padding: 0in 5.75pt 0in 5.75pt;"> Weighted   Average </td> </tr> <tr style="height: 6.75pt;"> <td width="307" valign="bottom" style="width: 3.2in; padding: 0in 5.75pt 0in 5.75pt; height: 6.75pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.75pt 0in 5.75pt; height: 6.75pt;"> Shares (in thousands) </td> <td width="18" valign="bottom" style="width: 13.6pt; padding: 0in 5.75pt 0in 5.75pt; height: 6.75pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.75pt 0in 5.75pt; height: 6.75pt;">  Grant-Date Fair Value </td> </tr> <tr> <td width="307" valign="top" style="width: 3.2in; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> Non-vested at December 27, 2008................................. </td> <td width="18" valign="bottom" style="width: 13.55pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="99" valign="bottom" style="width: 74.4pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> 11,820.5 </td> <td width="18" valign="top" style="width: 13.6pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> $ </td> <td width="79" valign="bottom" style="width: 59.05pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> 12.55 </td> </tr> <tr> <td width="307" valign="top" style="width: 3.2in; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> Granted................................................................................ </td> <td width="18" valign="bottom" style="width: 13.55pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="99" valign="bottom" style="width: 74.4pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> 6,578.0 </td> <td width="18" valign="top" style="width: 13.6pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="79" valign="bottom" style="width: 59.05pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> 12.07 </td> </tr> <tr> <td width="307" valign="top" style="width: 3.2in; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> Vested................................................................................... </td> <td width="18" valign="bottom" style="width: 13.55pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="99" valign="bottom" style="width: 74.4pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> (6,056.2) </td> <td width="18" valign="top" style="width: 13.6pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="79" valign="bottom" style="width: 59.05pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> 11.56 </td> </tr> <tr> <td width="307" valign="top" style="width: 3.2in; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> Forfeited............................................................................... </td> <td width="18" valign="bottom" style="width: 13.55pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="99" valign="bottom" style="width: 74.4pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> (331.2) </td> <td width="18" valign="top" style="width: 13.6pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="79" valign="bottom" style="width: 59.05pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> 17.01 </td> </tr> <tr> <td width="307" valign="top" style="width: 3.2in; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> Non-vested at December 26, 2009................................. </td> <td width="18" valign="bottom" style="width: 13.55pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="99" valign="bottom" style="width: 74.4pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> 12,011.1 </td> <td width="18" valign="top" style="width: 13.6pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;">   </td> <td width="18" valign="bottom" style="width: 13.5pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> $ </td> <td width="79" valign="bottom" style="width: 59.05pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.75pt 0in 5.75pt; border-top: 0px;"> 12.66 </td> </tr> </table> </div>     Restricted Stock Units. The Company grants restricted stock units to employees and directors. Restricted stock units generally vest after three years (director restricted stock units vest in one year). The fair value of restricted stock units granted is determined by the product of the number of shares granted and the grant-date market price of the Company’s common stock. The fair value of the restricted stock units is expensed on a straight-line basis over the requisite service period. Net income, as reported, includes stock-based compensation expense related to restricted stock units for fiscal years 2009, 2008 and 2007 of $41.2 million ($68.1 million pre-tax), $38.3 million ($63.1 million pre-tax) and $31.8 million ($52.2 million pre-tax), respectively.   Upon vesting, certain employees and directors may defer conversion of the restricted stock units to common stock. Restricted stock units granted to directors are required to be deferred until their service on the Board of Directors ends. Summarized information related to restricted stock units held by the Company’s employees and directors is as follows: <div align="center"> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Calibri','sans-serif'; margin-left: 43.05pt; border-collapse: separate; border: none;"> <tr> <td width="262" valign="top" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">       Restricted Stock Units </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;"> Number of Shares (in thousands) </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;"> Aggregate Intrinsic Value (in millions) </td> </tr> <tr> <td width="262" valign="top" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Outstanding at December 27, 2008.................. </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-top: 0px; padding: 0in 5.4pt 0in 5.4pt;"> 5,849.0 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; border-top: 0px; padding: 0in 5.4pt 0in 5.4pt;">   </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Granted.................................................................. </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 1,753.1 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Converted.............................................................. </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> (1,641.8) </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Forfeited................................................................. </td> <td width="16" valign="top" style="width: 11.8pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> (178.9) </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Outstanding at December 26, 2009.................. </td> <td width="16" valign="top" style="width: 11.8pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 5,781.4 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 370.3 </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Vested and deferred at December 26, 2009.... </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 730.4 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">    46.8 </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> </table> </div> The weighted average grant-date fair value of restricted stock units granted during fiscal years 2009, 2008 and 2007 was $40.71, $50.15 and $36.01, respectively. The total intrinsic value of restricted stock units converted during fiscal years 2009, 2008 and 2007 was $66.9 million, $86.8 million and $6.2 million, respectively.  The increase in the restricted stock unit converted figures for 2008 compared with 2007 reflects restricted stock units becoming a larger component of total employee stock compensation beginning in fiscal 2005; those grants vested and converted in 2008.   Summarized information related to non-vested restricted stock units held by the Company’s employees and directors is as follows: <div align="center"> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Calibri','sans-serif'; margin-left: 43.05pt; border-collapse: separate; border: none;"> <tr> <td width="262" valign="top" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">       Non-vested Restricted Stock Units </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;"> Number of Shares (in thousands) </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td colspan="2" valign="bottom" style="border-top: 0px; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;"> Weighted Average Grant-Date Fair Value </td> </tr> <tr> <td width="262" valign="top" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Non-vested at December 27, 2008..................... </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-top: 0px; padding: 0in 5.4pt 0in 5.4pt;"> 5,190.5 </td> <td width="16" valign="bottom" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="59" valign="top" style="width: 43.95pt; border: none; border-top: 0px; padding: 0in 5.4pt 0in 5.4pt;"> 37.32 </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Granted.................................................................... </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 1,753.1 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 40.71 </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Vested...................................................................... </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> (1,713.7) </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 29.60 </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Forfeited.................................................................. </td> <td width="16" valign="top" style="width: 11.8pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   (178.9) </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="top" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 40.78 </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> Non-vested at December 26, 2009..................... </td> <td width="16" valign="top" style="width: 11.8pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 5,051.0 </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> $ </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; border-bottom: double windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;"> 41.21 </td> </tr> <tr> <td width="262" valign="bottom" style="width: 196.35pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="67" valign="bottom" style="width: .7in; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="16" valign="top" style="width: 11.8pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="17" valign="bottom" style="width: 12.9pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> <td width="59" valign="bottom" style="width: 43.95pt; border: none; padding: 0in 5.4pt 0in 5.4pt; border-top: 0px;">   </td> </tr> </table> </div> As of December 26, 2009, there was $82.5 million of total unrecognized compensation cost related to non-vested restricted stock units. That cost is expected to be recognized over a weighted average period of 1.7 years. The total grant-date fair value of restricted stock units vested during fiscal years 2009, 2008 and 2007 was $50.7 million, $50.2 million and $2.8 million, respectively. The Company expects the majority of non-vested restricted stock units to vest.   Employee Stock Purchase Plan.  The Company’s Board of Directors adopted the 2007 Employee Stock Purchase Plan (“2007 ESPP”) on January 24, 2007 and the Company’s shareholders approved the 2007 ESPP on May 24, 2007. Under the terms of the 2007 ESPP, 6,000,000 shares of the Company’s common stock are available for issuance, and eligible employees may have up to 10% of gross pay deducted from their payroll up to a maximum of $15,000 of fair market value per year to purchase shares of Medco common stock. The Company matches payroll deductions at the rate of 17.65% and the deductions and contributions accumulate; on the last day of trading each calendar quarter the accumulated amounts are applied to the purchase of Medco stock. The effect of the matching contribution is that employees pay 85% of the cost of shares under the ESPP. The 2007 ESPP became effective on July 1, 2007 and will expire the earlier of June 30, 2017 or the date as of which the maximum number of shares has been purchased.   Purchases of Medco stock under the 2007 ESPP were 460,724 shares at a weighted average price of $45.05 in 2009, and 400,251 shares at a weighted average price of $46.73 in 2008.    Net income, as reported, includes stock-based compensation expense related to the ESPP for fiscal years 2009, 2008 and 2007 of $1.9 million ($3.1 million pre-tax), $1.8 million ($2.9 million pre-tax) and $1.3 million ($2.1 million pre-tax), respectively.    The above share data has been retrospectively adjusted to reflect the January 24, 2008 two-for-one stock split. See Note 1, “Background and Basis of Presentation,” for more information. </div></div> 11.  STOCK-BASED COMPENSATION Overview. The Compensation Committee of the Company’s Board of Directors regularly reviews the Company’s false false No definition available. 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