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Share-Based Compensation (Tables)
9 Months Ended
Oct. 01, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Stock Options Activity
Options activity for the nine months ended October 1, 2016 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
24,267

 
$
34.46

 
 
 
 
Granted
4,038

 
55.20

 
 
 
 
Exercised
(3,905
)
 
17.23

 
 
 
 
Forfeited and expired
(427
)
 
54.47

 
 
 
 
Outstanding as of October 1, 2016
23,973

 
40.41

 
$
531,419

 
6.28
 
 
 
 
 
 
 
 
Exercisable as of October 1, 2016
12,642

 
$
25.96

 
$
452,445

 
4.41

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 nine months ended October 1, 2016 were as follows:
Expected volatility (%)
 
29.4
%
Expected term (yrs)
 
7

Risk-free rate (%)
 
1.5
%
Fair value per option
 
$
18.35

Schedule of Share-based Compensation, Restricted Stock Activity
Non-vested share activity for the nine months ended October 1, 2016 was as follows:
(In thousands, except per share data)
Number of Shares
 
Weighted-Average
Grant Date Fair Value
 
 
 
 
Outstanding at beginning of year
557

 
$
59.42

Granted
55

 
57.68

Vested
(216
)
 
53.74

Forfeited
(44
)
 
70.49

 
 
 
 
Outstanding as of October 1, 2016
352

 
$
61.25

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)
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
Stock option and non-vested share compensation expense
$
18,942

 
$
18,875

 
$
56,896

 
$
53,326

Associate stock purchase plan expense
1,503

 
1,485

 
4,722

 
4,238

Amounts capitalized in software development costs, net of amortization
(95
)
 
(183
)
 
(486
)
 
(483
)
 
 
 
 
 
 
 
 
Amounts charged against earnings, before income tax benefit
$
20,350

 
$
20,177

 
$
61,132

 
$
57,081

 
 
 
 
 
 
 
 
Amount of related income tax benefit recognized in earnings
$
6,045

 
$
6,398

 
$
18,793

 
$
18,595