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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule Of Stock Options Activity
Stock option activity for the six months ended June 30, 2020 was as follows:
(In thousands, except per share and term data)Number of
Shares
Weighted-
Average
Exercise 
Price
(Per Share)
Aggregate
Intrinsic 
Value
Weighted-Average 
Remaining
Contractual
Term (Yrs)
Outstanding at beginning of year15,416  $56.36  
Granted 73.01  
Exercised(3,159) 49.65  
Forfeited and expired(211) 61.40  
Outstanding as of June 30, 202012,048  58.04  $127,611  5.88
Exercisable as of June 30, 20207,988  $56.55  $96,755  5.06
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 six months ended June 30, 2020 were as follows:

Expected volatility (%)24.5 %
Expected dividend rate (%)%
Expected term (yrs)6
Risk-free rate (%)1.5 %
Fair value per option$17.53  
Schedule of Share-based Compensation, Restricted Stock Activity
Non-vested share and share unit activity for the six months ended June 30, 2020 was as follows:
(In thousands, except per share data)Number of SharesWeighted-Average
Grant Date Fair Value Per Share
Outstanding at beginning of year2,634  $65.30  
Granted1,969  69.44  
Vested(591) 65.71  
Forfeited(49) 66.62  
Outstanding as of June 30, 20203,963  $67.28  
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 share units, and our associate stock purchase plan:
 Three Months EndedSix Months Ended
(In thousands)2020201920202019
Stock option and non-vested share and share unit compensation expense$37,549  $23,024  $72,580  $42,884  
Associate stock purchase plan expense1,727  1,749  2,828  3,291  
Amounts capitalized in software development costs, net of amortization
(1,076) (41) (1,821) 146  
Amounts charged against earnings, before income tax benefit$38,200  $24,732  $73,587  $46,321  
Amount of related income tax benefit recognized in earnings$8,191  $4,357  $14,634  $8,558  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of AOCI, net of tax, were as follows:
 Foreign currency translation adjustment and otherUnrealized loss on cash flow hedgeUnrealized holding gain (loss) on available-for-sale investmentsTotal
(In thousands)
Balance at December 28, 2019$(106,347) $(12,578) $265  $(118,660) 
Other comprehensive income (loss) before reclassifications(20,546) (20,430) (849) (41,825) 
Amounts reclassified from AOCI
—  1,122  —  1,122  
Balance at March 31, 2020
(126,893) (31,886) (584) (159,363) 
Other comprehensive income (loss) before reclassifications9,197  (3,205) 1,502  7,494  
Amounts reclassified from AOCI
—  2,198  —  2,198  
Balance at June 30, 2020$(117,696) $(32,893) $918  $(149,671) 
Foreign currency translation adjustment and otherUnrealized loss on cash flow hedgeUnrealized holding gain (loss) on available-for-sale investmentsTotal
(In thousands)
Balance at December 29, 2018$(102,939) $—  $(613) $(103,552) 
Other comprehensive income (loss) before reclassifications2,321  —  637  2,958  
Amounts reclassified from AOCI—  —  —  —  
Balance at March 30, 2019(100,618) —  24  (100,594) 
Other comprehensive income (loss) before reclassifications(100) (12,223) 216  (12,107) 
Amounts reclassified from AOCI—  (147) —  (147) 
Balance at June 29, 2019$(100,718) $(12,370) $240  $(112,848) 
Reclassification out of Accumulated Other Comprehensive Income
The effects on net earnings of amounts reclassified from AOCI were as follows:

(In thousands)Three Months EndedSix Months Ended
AOCI ComponentLocation2020201920202019
Unrealized loss on cash flow hedgeOther income, net$(2,798) $180  $(4,170) $180  
Income taxes600  (33) 850  (33) 
Total amount reclassified, net of tax$(2,198) $147  $(3,320) $147