XML 64 R45.htm IDEA: XBRL DOCUMENT v3.25.0.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 28, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of share-based compensation, stock options, activity
The following table provides a reconciliation of outstanding stock options for the fiscal year ended December 28, 2024.
 
 Shares Under
Option
Weighted
Average
Price
Weighted
Average
Remaining
Contract Life
(Years)
Aggregate
Intrinsic
Value
(000’s)
Outstanding December 30, 2023598,357 $191.33 
Granted96,592 231.13 
Exercised(64,437)165.01 
Forfeited(700)242.47 
Outstanding December 28, 2024629,812 200.07 3.6$25,427 
Exercisable December 28, 2024449,884 186.40 2.824,658 
Schedule of nonvested restricted stock units activity
The following table provides a reconciliation of non-vested restricted share and share unit awards ("RSU") for the fiscal year ended December 28, 2024.
 SharesWeighted Average
Grant-Date Fair Value
Nonvested December 30, 2023160,498 $237.09 
Granted104,905 225.92 
Vested(75,258)240.37 
Forfeited(4,132)232.69 
Nonvested December 28, 2024186,013 229.56 
Schedule of share-based payment award, stock options, valuation assumptions
The Company uses the Black-Scholes option valuation model to determine the fair value of stock option awards granted. The weighted average fair value of and related assumptions for options granted are as follows:
 202420232022
Weighted average fair value of options granted$75.25$77.40$70.39
Assumptions:
Risk-free interest rate4.71%3.67%2.83%
Expected dividend yield1.13%1.00%0.92%
Expected stock price volatility34.9%36.0%35.0%
Expected life of options (years)4.44.44.4