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Share-Based Compensation, Common Stock Issuances, Redeemable Common Stock and Common Stock (Tables)
12 Months Ended
Dec. 30, 2017
Weighted-Average Assumptions for Options Granted

The weighted-average assumptions for options granted in fiscal years 2017, 2016 and 2015 are included in the following table.

 

 

 

2017

 

 

2016

 

 

2015

 

Expected volatility

 

 

31.8

%

 

 

28.8

%

 

 

36.6

%

Expected dividends

 

 

 

 

 

 

 

 

 

Risk-free interest rate

 

 

1.9

%

 

 

1.5

%

 

 

1.6

%

Expected term (in years)

 

5.8

 

 

5.9

 

 

4.8

 

 

Summary of Options Outstanding

The summary of Options outstanding and changes during fiscal year 2017 are presented below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

Weighted-

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

Average

 

 

Remaining

 

 

 

Time

 

 

Performance

 

 

Total

 

 

Fair

 

 

Exercise

 

 

Contractual

 

 

 

Options

 

 

Options

 

 

Options

 

 

Value

 

 

Price

 

 

Years

 

Outstanding at December 31, 2016

 

 

4,973,717

 

 

 

3,688,192

 

 

 

8,661,909

 

 

$

5.65

 

 

$

12.91

 

 

 

 

 

Granted

 

 

857,181

 

 

 

429,532

 

 

 

1,286,713

 

 

$

11.08

 

 

$

26.72

 

 

 

 

 

Exercised

 

 

(2,418,764

)

 

 

(2,359,435

)

 

 

(4,778,199

)

 

$

5.12

 

 

$

10.15

 

 

 

 

 

Forfeited

 

 

(402,582

)

 

 

(152,872

)

 

 

(555,454

)

 

$

7.54

 

 

$

19.94

 

 

 

 

 

Outstanding at December 30, 2017

 

 

3,009,552

 

 

 

1,605,417

 

 

 

4,614,969

 

 

$

7.47

 

 

$

18.79

 

 

 

7.2

 

Vested and exercisable at December 30, 2017

 

 

1,230,897

 

 

 

1,242,245

 

 

 

2,473,142

 

 

$

6.10

 

 

$

14.31

 

 

 

5.8

 

 

Summary of Nonvested Restricted Shares

 

The summary of nonvested RSUs outstanding and changes during fiscal year 2017 is presented below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

Time

 

 

Performance

 

 

Total

 

 

Fair

 

 

 

RSUs

 

 

RSUs

 

 

RSUs

 

 

Value

 

Nonvested at December 31, 2016

 

 

637,336

 

 

 

242,273

 

 

 

879,609

 

 

$

17.68

 

Granted

 

 

607,432

 

 

 

296,456

 

 

 

903,888

 

 

$

29.77

 

Vested

 

 

(213,879

)

 

 

(213,695

)

 

 

(427,574

)

 

$

16.64

 

Forfeited

 

 

(121,597

)

 

 

(48,481

)

 

 

(170,078

)

 

$

20.76

 

Nonvested at December 30, 2017

 

 

909,292

 

 

 

276,553

 

 

 

1,185,845

 

 

$

26.79

 

 

Performance Shares [Member]  
Summary of Nonvested Restricted Shares

The summary of nonvested Performance Shares outstanding and changes during fiscal year 2017 is presented below: 

 

 

 

Performance

Shares

 

 

Weighted-

Average

Fair

Value

 

Nonvested at December 31, 2016

 

 

 

 

$

 

Granted

 

 

257,766

 

 

$

30.39

 

Vested

 

 

 

 

$

 

Forfeited

 

 

(16,453

)

 

$

30.39

 

Nonvested at December 30, 2017

 

 

241,313

 

 

$

30.39