Stock Options, Other Stock Awards and Warrants (Tables)

12 Months Ended

Dec. 29, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Total Compensation Expense Related to Stock Options, Restricted Stock Units and Stock Performance Awards

Total compensation expense related to stock options, restricted stock units, including those awards made to non-employee members of its Board of Directors, and stock performance awards for the years ended December 29, 2019, December 30, 2018 and December 31, 2017 was $28,044, $27,892 and $56,032, respectively, and was recorded as follows:

	2019		2018	2017
Product development	$	3,348	3,466	3,312
Selling, distribution and administration	24,696		24,426	52,720
	28,044		27,892	56,032
Income tax benefit	3,648		2,832	9,574
	$	24,396	25,060	46,458

The following table represents total stock compensation expense, net of performance adjustments, by award type related to stock performance awards, restricted stock units, stock options and awards made to non-employee members of the Company’s Board of Directors, for the years ended December 29, 2019, December 30, 2018 and December 31, 2017:

	2019			2018	2017
Stock performance awards	$	(1,573	)	842	27,522
Restricted stock units	18,744			17,897	20,573
Stock options	9,113			7,393	6,342
Non-employee awards	1,760			1,760	1,595
	28,044			27,892	56,032
Income tax benefit	3,648			2,832	9,574
	$	24,396		25,060	46,458

Schedule of Stock Performance Awards

Information with respect to Stock Performance Awards for 2019, 2018 and 2017 is as follows:

	2019			2018		2017
Outstanding at beginning of year	633			900		1,074
Granted	281			250		428
Forfeited	(58		)	(49	)	(28	)
Canceled	(146		)	—		—
Vested	(239		)	(468	)	(574	)
Outstanding at end of year	471			633		900
Weighted average grant-date fair value:
Granted	$	86.90		88.18		99.58
Forfeited	$	92.90		86.27		74.86
Canceled	$	99.58		—		—
Vested	$	74.72		61.86		52.21
Outstanding at end of year	$	87.59		86.58		77.27

Schedule of Restricted Stock Awards and Restricted Stock Units

Excluding the aforementioned award for 587 shares, information with respect to the remaining Restricted Stock Awards and Restricted Stock Units for 2019, 2018 and 2017 is as follows:

	2019			2018		2017
Outstanding at beginning of year	434			636		795
Granted	259			257		203
Forfeited	(44		)	(40	)	(41	)
Vested	(198		)	(419	)	(321	)
Outstanding at end of year	451			434		636
Weighted average grant-date fair value:
Granted	$	87.98		97.45		98.88
Forfeited	$	92.56		93.45		68.01
Vested	$	90.23		67.34		57.58
Outstanding at end of year	$	92.54		94.22		75.13

Schedule of Stock Option Information

Information with respect to stock options for each of the three fiscal years ended December 29, 2019 is as follows:

	2019			2018		2017
Outstanding at beginning of year	2,310			2,579		2,768
Granted	740			538		458
Exercised	(546		)	(736	)	(597	)
Expired or forfeited	(60		)	(71	)	(50	)
Outstanding at end of year	2,444			2,310		2,579
Exercisable at end of year	1,284			1,391		1,661
Weighted average exercise price:
Granted	$	86.66		98.10		98.80
Exercised	$	58.18		45.64		49.31
Expired or forfeited	$	95.71		93.81		57.33
Outstanding at end of year	$	81.58		74.78		62.12
Exercisable at end of year	$	73.03		61.59		50.02

Schedule of Share-based Payment Award, Stock Option, Valuation Assumptions

The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions used for grants in the fiscal years 2019, 2018 and 2017:

	2019		2018		2017
Risk-free interest rate	2.47	%	2.57	%	1.85	%
Expected dividend yield	3.14	%	2.57	%	2.31	%
Expected volatility	27	%	27	%	24	%
Expected option life	4 years		4 years		5 years