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Share-Based Compensation (Tables)
3 Months Ended
Apr. 04, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Stock Options Activity
Options activity for the three months ended April 4, 2015 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
24,629

 
$
27.00

 
 
 
 
Granted
658

 
70.15

 
 
 
 
Exercised
(1,815
)
 
13.85

 
 
 
 
Forfeited and expired
(51
)
 
43.81

 
 
 
 
Outstanding as of April 4, 2015
23,421

 
29.20

 
$
1,020,443

 
6.14
 
 
 
 
 
 
 
 
Exercisable as of April 4, 2015
13,117

 
$
15.37

 
$
752,922

 
4.64

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The weighted-average assumptions used to estimate the fair value, under the Black-Scholes-Merton pricing model, of stock options granted during the three months ended April 4, 2015 were as follows:
Expected volatility (%)
 
26.4
%
Expected term (yrs)
 
7

Risk-free rate (%)
 
1.7
%
Fair value per option
 
$
21.72

Schedule of Share-based Compensation, Restricted Stock Activity
Non-vested share activity for the three months ended April 4, 2015 was as follows:
(In thousands, except per share data)
Number of Shares
 
Weighted-Average
Grant Date Fair Value
 
 
 
 
Outstanding at beginning of year
506

 
$
46.21

Granted
156

 
70.64

Vested
(11
)
 
42.75

Forfeited
(32
)
 
31.94

 
 
 
 
Outstanding as of April 4, 2015
619

 
$
53.22

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
(In thousands)
2015
 
2014
 
 
 
 
Stock option and non-vested share compensation expense
$
15,161

 
$
13,649

Associate stock purchase plan expense
1,388

 
1,283

Amounts capitalized in software development costs, net of amortization
(92
)
 
(164
)
 
 
 
 
Amounts charged against earnings, before income tax benefit
$
16,457

 
$
14,768

 
 
 
 
Amount of related income tax benefit recognized in earnings
$
5,533

 
$
5,184