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Share Based Compensation (Tables)
12 Months Ended
Dec. 29, 2012
Share-based Compensation [Abstract]  
Key assumptions in fair value determination
The ranges of key assumptions used in determining the fair value of options granted during fiscal 2012, 2011 and 2010, as well as a summary of the methodology applied to develop each assumption, are as follows:
 
Fiscal Year
 
2012
 
2011
 
2010
Expected price volatility
37.1 – 38.5%
 
38.0 – 38.7%
 
38.5 – 38.9%
Risk-free interest rate
0.6 – 0.8%
 
0.9 – 2.4%
 
1.0 – 2.7%
Weighted average expected lives (in years)
4.7
 
4.7 – 5.6
 
4.8 – 5.8
Forfeiture rate
7.0%
 
5.5 – 7.6%
 
5.4 – 7.7%
Dividend yield
0.7%
 
0.8 – 1.0%
 
0.0 – 1.0%
Summary of stock option activity
A summary of stock option activity is as follows:
 
Options
 
Weighted
Average Exercise
Price
 
Weighted Average Fair Value
 
Weighted Average
Remaining
Contractual Term
 
Aggregate Intrinsic Value
(in thousands)
Outstanding December 26, 2009
5,300,844

 
$
18.53

 
 

 
6.4

 
$
47,413

Granted
908,728

 
26.70

 
$
10.32

 
 

 
 

Exercised
(1,550,077
)
 
14.28

 
 

 
 

 
 

Canceled
(144,638
)
 
21.82

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
 
Outstanding December 25, 2010
4,514,857

 
$
21.52

 
 

 
6.7

 
$
121,350

Granted
546,655

 
52.18

 
$
17.73

 
 

 
 

Exercised
(1,444,007
)
 
20.17

 
 

 
 

 
 

Canceled
(65,630
)
 
33.29

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
 
Outstanding December 31, 2011
3,551,875

 
$
26.57

 
 

 
6.5

 
$
154,782

Granted
573,252

 
85.57

 
$
26.26

 
 
 
 
Exercised
(1,066,448
)
 
22.08

 
 
 
 
 
 
Canceled
(28,488
)
 
60.78

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding December 29, 2012
3,030,191

 
$
38.95

 
 
 
6.6

 
$
147,229

 
 
 
 
 
 
 
 
 
 
Exercisable at December 29, 2012
1,875,189

 
$
24.33

 
 

 
5.5

 
$
118,401

Other information relative to option activity
Other information relative to option activity during fiscal 2012, 2011 and 2010 is as follows (in thousands):
 
2012
 
2011
 
2010
Total fair value of stock options vested
$
8,826

 
$
7,590

 
$
8,417

Total intrinsic value of stock options exercised
$
71,879

 
$
59,712

 
$
31,388

Restricted stock units activity
The status of restricted stock units is presented below:

Restricted Stock Units
 
Shares
 
Weighted Average Grant Date Fair Value
Restricted at December 26, 2009
 
558,784

 
$
19.04

Granted
 
148,862

 
27.37

Exercised
 
(119,184
)
 
22.10

Forfeited
 
(38,284
)
 
19.28

 
 
 
 
 
Restricted at December 25, 2010
 
550,178

 
$
20.61

Granted
 
63,484

 
53.23

Exercised
 
(88,390
)
 
20.82

Forfeited
 

 

 
 
 
 
 
Restricted at December 31, 2011
 
525,272

 
$
24.52

Granted
 
40,017

 
87.10

Exercised
 
(263,592
)
 
20.99

Forfeited
 

 

 
 
 
 
 
Restricted at December 29, 2012
 
301,697

 
$
37.52

Other information relative to restricted unit activity
Other information relative to restricted unit activity during fiscal 2012, 2011 and 2010 is as follows (in thousands):
 
2012
 
2011
 
2010
Total grant date fair value of restricted units vested and issued
$
5,533

 
$
1,840

 
$
2,634

Total intrinsic value of restricted units vested and issued
$
21,694

 
$
4,915

 
$
3,329