XML 41 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock-Based Compensation and Shareholders' Equity (Tables)
12 Months Ended
Nov. 02, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Information pertaining to the Company's stock option awards and the related estimated weighted-average assumptions used to calculate the fair value of stock options granted
Information pertaining to the Company’s stock option awards and the related estimated weighted-average assumptions to calculate the fair value of stock options granted is as follows: 
Stock Options
2013
 
2012
 
2011
Options granted (in thousands)
2,407

 
2,456

 
1,990

Weighted-average exercise price

$46.40

 

$39.58

 

$37.59

Weighted-average grant-date fair value

$7.38

 

$7.37

 

$8.62

Assumptions:
 
 
 
 
 
Weighted-average expected volatility
24.6
%
 
28.4
%
 
29.3
%
Weighted-average expected term (in years)
5.4

 
5.3

 
5.3

Weighted-average risk-free interest rate
1.0
%
 
1.1
%
 
2.1
%
Weighted-average expected dividend yield
2.9
%
 
3.0
%
 
2.4
%
Summary of the activity under the Company's stock option plans
A summary of the activity under the Company’s stock option plans as of November 2, 2013 and changes during the fiscal year then ended is presented below: 
 
Options
Outstanding
(in thousands)
 
Weighted-
Average Exercise
Price Per Share
 
Weighted-
Average
Remaining
Contractual
Term in Years
 
Aggregate
Intrinsic
Value
Options outstanding November 3, 2012
26,453

 

$31.73

 
 
 
 
Options granted
2,407

 

$46.40

 
 
 
 
Options exercised
(9,649
)
 

$31.73

 
 
 
 
Options forfeited
(185
)
 

$32.73

 
 
 
 
Options expired
(34
)
 

$40.89

 
 
 
 
Options outstanding at November 2, 2013
18,992

 

$33.56

 
5.1
 

$306,077

Options exercisable at November 2, 2013
12,100

 

$30.93

 
3.5
 

$226,893

Options vested or expected to vest at November 2, 2013 (1)
18,531

 

$33.35

 
5.0
 

$302,569

 
(1)
In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. Options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.
Summary of the company's restricted stock unit award activity
A summary of the Company’s restricted stock unit award activity as of November 2, 2013 and changes during the fiscal year then ended is presented below: 
 
Restricted
Stock Units
Outstanding
(in thousands)
 
Weighted-
Average Grant-
Date Fair Value
Per Share
Restricted stock units outstanding at November 3, 2012
3,060

 

$33.01

Units granted
810

 

$42.37

Restrictions lapsed
(1,313
)
 

$29.93

Forfeited
(64
)
 

$35.39

Restricted stock units outstanding at November 2, 2013
2,493

 

$37.62