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Share-Based Compensation (Tables)
6 Months Ended
Jul. 02, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Stock Options Activity
Options activity for the six months ended July 2, 2016 was as follows:
(In thousands, except per share data)
Number of
Shares
 
Weighted-
Average
Exercise 
Price
 
Aggregate
Intrinsic 
Value
 
Weighted-Average      
Remaining      
Contractual
 Term (Yrs)      
Outstanding at beginning of year
24,267

 
$
34.46

 
 
 
 
Granted
3,995

 
55.10

 
 
 
 
Exercised
(1,369
)
 
19.45

 
 
 
 
Forfeited and expired
(344
)
 
53.95

 
 
 
 
Outstanding as of July 2, 2016
26,549

 
38.09

 
$
582,539

 
6.28
 
 
 
 
 
 
 
 
Exercisable as of July 2, 2016
15,129

 
$
24.25

 
$
524,613

 
4.53

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The weighted-average assumptions used to estimate the fair value, under the Black-Scholes-Merton pricing model, of stock options granted during the six months ended July 2, 2016 were as follows:
Expected volatility (%)
 
29.4
%
Expected term (yrs)
 
7

Risk-free rate (%)
 
1.5
%
Fair value per option
 
$
18.33

Schedule of Share-based Compensation, Restricted Stock Activity
Non-vested share activity for the six months ended July 2, 2016 was as follows:
(In thousands, except per share data)
Number of Shares
 
Weighted-Average
Grant Date Fair Value
 
 
 
 
Outstanding at beginning of year
557

 
$
59.42

Granted
41

 
55.25

Vested
(191
)
 
54.66

Forfeited
(44
)
 
70.49

 
 
 
 
Outstanding as of July 2, 2016
363

 
$
60.11

Compensation Expense Recognized In The Condensed Consolidated Statements Of Operations
The following table presents total compensation expense recognized with respect to stock options, non-vested shares and our associate stock purchase plan:
 
Three Months Ended
 
Six Months Ended
(In thousands)
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
Stock option and non-vested share compensation expense
$
20,143

 
$
19,290

 
$
37,954

 
$
34,451

Associate stock purchase plan expense
1,463

 
1,365

 
3,219

 
2,753

Amounts capitalized in software development costs, net of amortization
(190
)
 
(208
)
 
(391
)
 
(300
)
 
 
 
 
 
 
 
 
Amounts charged against earnings, before income tax benefit
$
21,416

 
$
20,447

 
$
40,782

 
$
36,904

 
 
 
 
 
 
 
 
Amount of related income tax benefit recognized in earnings
$
6,793

 
$
6,664

 
$
12,748

 
$
12,197