Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Valuation Assumptions

The stock compensation expense for the years ended December 31, 2016, January 2, 2016 and January 3, 2015, was estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions by grant year:

	Year Ended Dec 31, 2016		Year Ended Jan 2, 2016		Year Ended Jan 3, 2015
Expected term	6 years		6 years		5 years
Expected volatility:
Weighted-average	38.96	%	43.54	%	42.49	%
Expected dividend yield:
Weighted-average	3.30	%	1.94	%	2.76	%
Risk-free interest rate:
Range used	1.41	%	1.69	%	1.54	%

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes the changes in outstanding stock options since the beginning of fiscal 2014.

	Number of Shares		Weighted-Average Exercise Price
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
Granted	350,038		51.54
Exercised	(302,635	)	30.22
Forfeited or Expired	(24,525	)	39.14
Outstanding at January 2, 2016	3,358,323			$32.09
Granted	877,277		32.18
Exercised	(609,663	)	30.52
Forfeited or Expired	(121,602	)	52.24
Outstanding at December 31, 2016	3,504,335			$31.68

Schedule of Nonvested Restricted Stock Units Activity

A summary of the Corporation’s non-vested stock options as of December 31, 2016 and changes during the year are presented below:

Non-vested Stock Options	Shares		Weighted-Average Grant-Date Fair Value
Non-vested at January 2, 2016	2,138,724			$11.18
Granted	877,277		8.80
Vested	(820,915	)	8.78
Forfeited	(32,929	)	11.74
Non-vested at December 31, 2016	2,162,157			$11.12

Stock Option Vested or Expected to Vest and are Exercisable

Information about stock options expected to vest or currently exercisable at December 31, 2016, is as follows:

Options	Number	Weighted-Average Exercise Price		Weighted-Average Remaining Life in Years	Aggregate Intrinsic Value ($000s)
Expected to vest	2,049,938		$35.48	7.7		$41,893
Exercisable	1,342,178		$25.50	4.0		$40,827

Schedule of Share-based Compensation Arrangement Other Information

Other information for the last three years is as follows:

(In thousands)	Dec. 31, 2016		Jan. 2, 2016		Jan. 3, 2015
Total fair value of shares vested		$7,206		$5,554		$5,735
Total intrinsic value of options exercised	11,985		6,412		8,389
Cash received from exercise of stock options	18,609		9,145		15,489
Tax benefit realized from exercise of stock options	4,142		2,111		2,982

Schedule of Share-based Compensation, Restricted Stock Units Activity

The following table summarizes the changes in outstanding RSUs since the beginning of fiscal 2014:

	Number of Shares		Weighted-Average Grant Date Fair Value
Outstanding at December 28, 2013	24,526			$23.01
Granted	15,500		32.23
Vested	(14,000	)	21.47
Forfeited	—		—
Outstanding at January 3, 2015	26,026			$27.76
Granted	23,000		51.54
Vested	(10,526	)	21.19
Forfeited	—		—
Outstanding at January 2, 2016	38,500			$43.77
Granted	25,000		32.06
Vested	—		—
Forfeited	(3,000	)	51.54
Outstanding at December 31, 2016	60,500			$38.54