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Stock-Based Compensation (Tables)
12 Months Ended
Jan. 03, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Valuation Assumptions
The stock compensation expense for the years ended January 3, 2015, December 28, 2013 and December 29, 2012, was estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions by grant year:

 
Year Ended
Jan, 3, 2015
 
Year Ended
Dec. 28, 2013
 
Year Ended
Dec. 29, 2012
Expected term
5 years

 
5 years

 
6 years

Expected volatility:
 
 
 
 
 
Range used
42.49
%
 
50.39
%
 
48.25%-48.34%

Weighted-average
42.49
%
 
50.39
%
 
48.25
%
Expected dividend yield:
 
 
 
 
 

Range used
2.76
%
 
3.02
%
 
2.90%-3.61%

Weighted-average
2.76
%
 
3.02
%
 
3.60
%
Risk-free interest rate:
 
 
 
 
 

Range used
1.54
%
 
0.93
%
 
0.90%-1.17%

Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes the changes in outstanding stock options since the beginning of fiscal 2012.
 
Number of
Shares

 
Weighted-Average
Exercise Price

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

Granted
611,599

 
31.79

Exercised
(394,476
)
 
14.86

Forfeited or Expired
(43,070
)
 
35.05

Outstanding at December 28, 2013
3,630,567

 
$
29.94

Granted
536,275

 
34.78

Exercised
(542,837
)
 
28.53

Forfeited or Expired
(288,560
)
 
38.55

Outstanding at January 3, 2015
3,335,445

 
$
29.93

Schedule of Nonvested Restricted Stock Units Activity
A summary of the Corporation’s nonvested shares as of January 3, 2015 and changes during the year are presented below:
 
 
Nonvested Shares
 
Shares
 
Weighted-Average
Grant-Date
Fair Value
Nonvested at December 28, 2013
2,515,598

 
$
9.40

Granted
536,275

 
10.48

Vested
(733,316
)
 
7.85

Forfeited
(31,560
)
 
10.22

Nonvested at January 3, 2015
2,286,997

 
$
10.14

Stock Option Vested or Expected to Vest and are Exercisable
Information about stock options vested or expected to vest and are exercisable at January 3, 2015, is as follows:

 
 
 
Options
 
 
Number

 
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining Life in
Years
 
Aggregate
Intrinsic
Value
($000s)
Vested or expected to vest
3,302,275

 
$
29.91

 
6.5
 
$
67,994

Exercisable
1,048,448

 
$
28.53

 
4.0
 
23,034

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

(In thousands)
Jan. 3, 2015

 
Dec. 28, 2013

 
Dec. 29, 2012

Total fair value of shares vested
$
5,735

 
$
1,127

 
$
3,005

Total intrinsic value of options exercised
8,389

 
6,445

 
388

Cash received from exercise of stock options
15,489

 
5,862

 
3,845

Tax benefit realized from exercise of stock options
2,982

 
2,291

 
138

Schedule of Share-based Compensation, Restricted Stock Units Activity
The following table summarizes the changes in outstanding RSUs since the beginning of fiscal 2012:
 
Number of
Shares
 
Weighted-Average
Grant Date
Fair Value
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

Granted

 

Vested
(132,693
)
 
21.47

Forfeited

 

Outstanding at December 28, 2013
24,527

 
$
23.01

Granted
15,500

 
32.23

Vested
(14,000
)
 
21.47

Forfeited

 

Outstanding at January 3, 2015
26,027

 
$
27.76