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Stock-Based Compensation (Tables)
12 Months Ended
Oct. 27, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of reconciliation of the number of options outstanding and exercisable
A reconciliation of the number of options outstanding and exercisable (in thousands) as of October 27, 2019, and changes during the fiscal year then ended, is as follows: 
 
 
Shares
 
Weighted-Average
Exercise Price
 
Weighted-Average
Remaining Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
Outstanding at October 28, 2018
 
29,536

 
$
23.55

 
 
 
 
Granted
 
1,809

 
44.37

 
 
 
 
Exercised
 
4,599

 
13.03

 
 
 
 
Forfeited
 
747

 
36.40

 
 
 
 
Expired
 
5

 
35.87

 
 
 
 
Outstanding at October 27, 2019
 
25,994

 
$
26.49

 
5.2
 
$
372,979

Exercisable at October 27, 2019
 
17,955

 
$
21.38

 
3.8
 
$
344,595


Schedule of weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised
The weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised (in thousands) during each of the past three fiscal years is as follows: 
 
 
Fiscal Year Ended
 
 
October 27,
 
October 28,
 
October 29,
 
 
2019
 
2018
 
2017
Weighted-average Grant Date Fair Value
 
$
9.24

 
$
7.16

 
$
6.41

Intrinsic Value of Exercised Options
 
138,282

 
187,486

 
87,543


Schedule of weighted-average assumptions used to calculate fair value of each option award
The fair value of each option award is calculated on the date of grant using the Black-Scholes valuation model utilizing the following weighted-average assumptions:
 
 
Fiscal Year Ended
 
 
October 27,
 
October 28,
 
October 29,
 
 
2019
 
2018
 
2017
Risk-free Interest Rate
 
2.8
%
 
2.7
%
 
2.4
%
Dividend Yield
 
1.9
%
 
2.1
%
 
2.0
%
Stock Price Volatility
 
19.0
%
 
19.0
%
 
19.0
%
Expected Option Life
 
8 years

 
8 years

 
8 years


Schedule of reconciliation of the nonvested shares
A reconciliation of the restricted shares (in thousands) as of October 27, 2019, and changes during the fiscal year then ended, is as follows: 
 
 
Shares
 
Weighted-
Average
Grant Date
Fair Value
Restricted at October 28, 2018
 
52

 
$
34.08

Granted
 
51

 
42.23

Vested
 
52

 
34.08

Restricted at October 27, 2019
 
51

 
$
42.23


Schedule of the weighted-average grant date fair value of nonvested shares granted, the total fair value of nonvested shares granted, and the fair value of shares that have vested
The weighted-average grant date fair value of restricted shares granted, the total fair value (in thousands) of restricted shares granted, and the fair value (in thousands) of shares that have vested during each of the past three fiscal years is as follows: 
 
 
Fiscal Year Ended
 
 
October 27,
 
October 28,
 
October 29,
 
 
2019
 
2018
 
2017
Weighted-average Grant Date Fair Value
 
$
42.23

 
$
34.08

 
$
35.62

Fair Value of Restricted Shares Granted
 
2,134

 
1,760

 
2,080

Fair Value of Shares Vested
 
$
1,760

 
$
2,053

 
$
1,920