Stock-Based Compensation Plans (Tables)

6 Months Ended

Jul. 03, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Option Transactions for Employee Stock Option Plans

Stock option transactions for the second quarter and first six months of 2022 are summarized as follows:

	2022
	Second Quarter			Six Months
	Shares	Weighted Average Exercise Price		Shares	Weighted Average Exercise Price
Beginning balance	1,690,872	$	209.55	1,793,857	$	206.08
Exercised	(32,876)	$	148.62	(129,458)	$	135.52
Canceled	(8,111)	$	362.37	(14,514)	$	388.59
Ending balance	1,649,885	$	210.01	1,649,885	$	210.01
Exercisable at end of period	1,381,273	$	168.06	1,381,273	$	168.06

Schedule of Restricted Stock Activity

The following table shows the restricted stock activity for the first six months of 2022:

	Shares	Weighted average fair value per share
Balance, January 2, 2022 (a)	87,180	$	352.94
Granted	19,492	$	384.76
Vested	(33,739)	$	300.66
Forfeited/Canceled	(2,897)	$	401.91
Balance, July 3, 2022	70,036	$	384.96

(a) includes restricted stock units issued on May 14, 2021 in connection with the FLIR acquisition.