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Share-Based Compensation (Tables)
9 Months Ended
Sep. 27, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Stock Options Activity
Options activity for the nine months ended September 27, 2014 was as follows:
(In thousands, except per share data)
Number of
Shares
 
Weighted-
Average
Exercise 
Price
 
Aggregate
Intrinsic 
Value
 
Weighted-Average      
Remaining      
Contractual
 Term (Yrs)      
Outstanding at beginning of year
24,407

 
$
22.24

 
 
 
 
Granted
3,200

 
51.94

 
 
 
 
Exercised
(1,784
)
 
11.95

 
 
 
 
Forfeited and expired
(255
)
 
41.98

 
 
 
 
Outstanding as of September 27, 2014
25,568

 
26.48

 
$
823,590

 
6.17
 
 
 
 
 
 
 
 
Exercisable as of September 27, 2014
14,946

 
$
13.99

 
$
667,501

 
4.65

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The weighted-average assumptions used to estimate the fair value of stock options granted in 2014 were as follows: 
Expected volatility (%)
 
29.7
%
Expected term (yrs)
 
9.2

Risk-free rate (%)
 
2.9
%
Fair value per option
 
$
22.54

Schedule of Share-based Compensation, Restricted Stock Activity
Non-vested share activity for the nine months ended September 27, 2014 was as follows:
(In thousands, except per share data)
Number of Shares
 
Weighted-Average
Grant Date Fair Value
 
 
 
 
Outstanding at beginning of year
552

 
$
38.54

Granted
166

 
55.38

Vested
(206
)
 
33.33

Forfeited
(3
)
 
33.22

 
 
 
 
Outstanding as of September 27, 2014
509

 
$
46.17

Compensation Expense Recognized In The Condensed Consolidated Statements Of Operations
The following table presents total compensation expense recognized with respect to stock options, non-vested shares and our associate stock purchase plan:
 
Three Months Ended
 
Nine Months Ended
(In thousands)
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
Stock option and non-vested share compensation expense
$
15,061

 
$
12,527

 
$
43,330

 
$
33,650

Associate stock purchase plan expense
1,109

 
1,168

 
3,486

 
2,867

Amounts capitalized in software development costs, net of amortization
(171
)
 
(237
)
 
(845
)
 
(900
)
 
 
 
 
 
 
 
 
Amounts charged against earnings, before income tax benefit
$
15,999

 
$
13,458

 
$
45,971

 
$
35,617

 
 
 
 
 
 
 
 
Amount of related income tax benefit recognized in earnings
$
5,616

 
$
5,221

 
$
16,136

 
$
13,819