XML 44 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 29, 2018
Stockholders' Equity Note [Abstract]  
Schedule Of Share-Based Compensation Activity
The following table presents share-based compensation activity for the nine months ended September 29, 2018 and September 30, 2017 (in millions):
 
 
September 29,
2018
 
September 30,
2017
Total Intrinsic Value of Share-Based Incentive Awards Exercised
 
$
4.9

 
$
3.7

Cash Received from Stock Option Exercises
 

 
0.4

Income Tax Benefit from the Exercise of Stock Options
 
0.1

 
0.7

Total Fair Value of Share-Based Incentive Awards Vested
 
4.0

 
4.3

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
):
 
 
September 29,
2018
 
September 30,
2017
Total Intrinsic Value of Share-Based Incentive Awards Exercised
 
$
4.9

 
$
3.7

Cash Received from Stock Option Exercises
 

 
0.4

Income Tax Benefit from the Exercise of Stock Options
 
0.1

 
0.7

Total Fair Value of Share-Based Incentive Awards Vested
 
4.0

 
4.3



The following table presents assumptions used in the Company's Black-Scholes valuation related to grants of SARs:
 
2018
 
2017
Per Share Weighted Average Fair Value of Grants
$
22.73

 
$
23.73

Risk-Free Interest Rate
2.9
%
 
2.0
%
Expected Life (Years)
7.0

 
7.0

Expected Volatility
27.8
%
 
27.9
%
Expected Dividend Yield
1.4
%
 
1.2
%
The following table presents the assumptions used in the Company's Monte Carlo simulation:
 
September 29,
2018
 
September 30,
2017
Risk-Free Interest Rate
2.7
%
 
1.6
%
Expected Life (Years)
3.0

 
3.0

Expected Volatility
25.0
%
 
24.0
%
Expected Dividend Yield
1.4
%
 
1.3
%
Summary Of Share-Based Incentive Plan Grant Activity For Options and SAR's
The following table presents a summary of share-based incentive plan grant activity (SARs) for the nine months ended September 29, 2018.
Number of Shares Under SARs
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (Years)
 
Aggregate Intrinsic Value (in millions)
Exercisable at December 30, 2017
1,601,791

 
$
66.46

 
 
 
 
Granted
193,357

 
77.60

 
 
 
 
Exercised
(241,574
)
 
58.00

 
 
 
 
Forfeited
(5,206
)
 
70.30

 
 
 
 
Expired
(1,250
)
 
54.28

 
 
 
 
Outstanding at September 29, 2018
1,547,118

 
$
69.17

 
5.8
 
$
20.5

Exercisable at September 29, 2018
936,737

 
$
66.42

 
4.1
 
$
15.0

Summary Of RSA Award Activity
The following table presents a summary of RSA award activity for the nine months ended September 29, 2018:
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (Years)
Unvested RSAs at December 30, 2017
 
13,941

 
$
80.70

 
0.4
Granted
 
16,490

 
74.68

 
 
Vested
 
(13,941
)
 
80.70

 
 
Unvested RSAs at September 29, 2018
 
16,490

 
$
74.68

 
0.6
Summary Of RSU Award Activity
The following table presents a summary of RSU award activity for the nine months ended September 29, 2018:
 
 
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (Years)
Unvested RSUs at December 30, 2017
 
260,533

 
$
70.81

 
1.7
Granted
 
78,140

 
74.51

 
 
Vested
 
(97,999
)
 
76.33

 
 
Forfeited
 
(4,928
)
 
69.91

 
 
Unvested RSUs at September 29, 2018
 
235,746

 
$
69.75

 
2.0
Summary Of PSU Award Activity
The following table presents a summary of PSU activity for the nine months ended September 29, 2018:
 
 
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (Years)
Unvested PSUs at December 30, 2017
 
155,116

 
$
70.43

 
2.0
Granted
 
50,659

 
83.80

 
 
Vested
 
(1,359
)
 
57.43

 
 
Forfeited
 
(36,576
)
 
83.55

 
 
Unvested PSUs at September 29, 2018
 
167,840

 
$
71.71

 
2.0