Stock-Based Compensation Plans (Tables)

9 Months Ended

Sep. 27, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Option Transactions for Employee Stock Option Plans

Stock option transactions for Teledyne’s employee stock option plans for the third quarter and nine months ended September 27, 2015 are summarized as follows:

	2015
	Third Quarter				Nine Months
	Shares		Weighted Average Exercise Price		Shares		Weighted Average Exercise Price
Beginning balance	2,291,292		$	64.31	2,499,708		$	63.85
Exercised	(45,528	)	$	53.27	(217,458	)	$	54.06
Canceled	(10,185	)	$	87.23	(46,671	)	$	81.67
Ending balance	2,235,579		$	64.43	2,235,579		$	64.43
Options exercisable at end of period	1,732,496		$	57.50	1,732,496		$	57.50

Stock Option Transactions for Non-Employee Stock Option Plans

Stock option transactions for Teledyne’s non-employee director stock option plans for the third quarter and nine months ended September 27, 2015 are summarized as follows:

	2015
	Third Quarter				Nine Months
	Shares		Weighted Average Exercise Price		Shares		Weighted Average Exercise Price
Beginning balance	316,895		$	52.62	351,169		$	51.76
Exercised	(8,129	)	$	33.04	(42,403	)	$	41.78
Ending balance	308,766		$	53.13	308,766		$	53.13
Options exercisable at end of period	308,296		$	53.12	308,296		$	53.12