SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2012

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

Schedule of Authorized Number of Shares

The Stock Plan authorizes 1,200,000 shares for issuance as follows:

	Authorized Shares
Options	840,000
Awards	360,000

Schedule of Assumptions Used to Determine the Fair Value of Options Granted

The assumptions used for the Black-Scholes model to determine the fair value of options granted during the first quarter ended April 2, 2011, are as follows:

	April 2, 2011
Risk-free interest rate	2.49	%
Dividend yield	1.23	%
Weighted-average dividend yield	1.07	%
Volatility factor	0.431
Weighted-average volatility	0.432
Expected term	6.3 years
Forfeiture rate	3.59	%

Schedule of Stock Option Plans Activity

A summary of the Company’s outstanding stock option activity and related information for the first quarter ended March 31, 2012 and April 2, 2011, is as follows:

(Shares in thousands)	March 31, 2012				April 2, 2011
Stock Options	Shares		Weighted-Average Exercise Price		Shares		Weighted-Average Exercise Price
Outstanding at beginning of period	1,569		$	29.66	1,817		$	27.95
Granted	—		—		113		43.43
Exercised	(97	)	26.91		(38	)	28.06
Forfeited	(16	)	48.87		—		—
Outstanding at end of period	1,456		$	29.88	1,892		$	28.87
Expected to vest after applying forfeiture rate	1,446		$	29.89	1,863		$	28.90
Vested and exercisable at end of period	1,178		$	30.35	1,336		$	29.83

A summary of the weighted average remaining contractual term and aggregate intrinsic value for the first quarter ended March 31, 2012, is as follows:

Stock Options	Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value (000’s)
Outstanding end of period	5.33	years	$	27,948
Expected to vest after applying forfeiture rate	5.31	years	$	27,741
Vested and exercisable end of period	4.75	years	$	22,049

Schedule of Restricted Stock Award Activity

A summary of the Company’s outstanding restricted stock award activity and related information for the first quarter ended March 31, 2012 and April 2, 2011, is as follows:

(Shares in thousands)	March 31, 2012				April 2, 2011
Stock Awards	Shares		Weighted-Average Grant- Date Fair Value		Shares		Weighted-Average Grant- Date Fair Value
Non-vested at beginning of period	172		$	34.47	128		$	31.86
Awarded	4		53.52		68		43.40
Vested	(2	)	32.20		(21	)	47.53
Forfeited	(3	)	36.69		(1	)	29.89
Non-vested at end of period	171		$	34.91	174		$	34.47