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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 29, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Valuation Assumptions
The stock compensation expense for the years ended December 29, 2012, December 31, 2011 and January 1, 2011, was estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions by grant year:

 
Year Ended
Dec. 29, 2012
 
Year Ended
Dec. 31, 2011
 
Year Ended
Jan. 1, 2011
Expected term
6 years

 
6 years

 
6 years

Expected volatility:
 
 
 
 
 
Range used
48.25%-48.34%

 
45.22
%
 
42.54
%
Weighted-average
48.25
%
 
45.22
%
 
42.54
%
Expected dividend yield:
 
 
 

 
 

Range used
2.90%-3.61%

 
2.88%-3.42%

 
3.58
%
Weighted-average
3.60
%
 
2.90
%
 
3.58
%
Risk-free interest rate:
 
 
 

 
 

Range used
0.90%-1.17%

 
1.99%-3.70%

 
4.02
%
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes the changes in outstanding stock options since the beginning of fiscal 2010.

 
Number of
Shares

 
Weighted-Average
Exercise Price

Outstanding at January 2, 2010
1,855,634

 
$
29.03

Granted
776,159

 
23.99

Exercised
(53,216
)
 
19.87

Forfeited or Expired
(13,778
)
 
37.20

Outstanding at January 1, 2011
2,564,799

 
$
27.65

Granted
499,735

 
31.82

Exercised
(34,000
)
 
26.45

Forfeited or Expired
(33,783
)
 
30.84

Outstanding at December 31, 2011
2,996,751

 
$
28.33

Granted
727,381

 
25.51

Exercised
(149,000
)
 
25.80

Forfeited or Expired
(118,618
)
 
24.99

Outstanding at December 29, 2012
3,456,514

 
$
27.96

Schedule of Nonvested Restricted Stock Units Activity
A summary of the Corporation’s nonvested shares as of December 29, 2012 and changes during the year are presented below:
 
 
Nonvested Shares
 
Shares
 
Weighted-Average
Grant-Date
Fair Value
Nonvested at December 31, 2011
2,201,510

 
$
7.27

Granted
727,381

 
8.32

Vested
(460,838
)
 
6.52

Forfeited
(66,678
)
 
6.78

Nonvested at December 29, 2012
2,401,375

 
$
7.74

Stock Option Vested or Expected to Vest and are Exercisable
Information about stock options vested or expected to vest and are exercisable at December 29, 2012, is as follows:

 
 
 
Options
 
 
Number

 
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining Life in
Years
 
Aggregate
Intrinsic
Value
($000s)
Vested or expected to vest
3,328,501

 
$
28.24

 
6.5
 
$
2,563

Exercisable
1,084,064

 
$
37.74

 
3.5
 

Schedule of Share-based Compensation Arrangement Other Information
Other information for the last three years is as follows:

(In thousands)
Dec. 29, 2012

 
Dec. 31, 2011

 
Jan. 1, 2011

Total fair value of shares vested
$
3,005

 
$
2,150

 
$
2,083

Total intrinsic value of options exercised
388

 
178

 
526

Cash received from exercise of stock options
3,845

 
232

 
681

Tax benefit realized from exercise of stock options
138

 
63

 
180

Schedule of Share-based Compensation, Restricted Stock Units Activity
The following table summarizes the changes in outstanding RSUs since the beginning of fiscal 2010:
 
Number of
Shares
 
Weighted-Average
Grant Date
Fair Value
Outstanding at January 2, 2010
680,956

 
$
7.87

Granted
153,799

 
21.50

Vested
(13,384
)
 
24.05

Forfeited
(18,574
)
 
12.32

Outstanding at January 1, 2011
802,797

 
$
10.37

Granted
14,000

 
24.37

Vested
(16,048
)
 
7.84

Forfeited
(13,944
)
 
13.94

Outstanding at December 31, 2011
786,805

 
$
10.61

Granted
10,526

 
21.19

Vested
(631,759
)
 
7.87

Forfeited
(8,352
)
 
22.02

Outstanding at December 29, 2012
157,220

 
$
21.71