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Shareholders' Equity (Tables)
6 Months Ended
Jul. 02, 2016
Stockholders' Equity Note [Abstract]  
Schedule Of Share-Based Compensation Activity
The table below presents share-based compensation activity for the six months ended July 2, 2016 and July 4, 2015 (in millions):
 
 
July 2,
2016
 
July 4,
2015
Total intrinsic value of share-based incentive awards exercised
 
$
0.3

 
$
4.0

Cash received from stock option exercises
 
0.5

 
2.5

Income tax (expense) benefit from the exercise of stock options
 
(0.1
)
 
1.5

Total fair value of share-based incentive awards vested
 
4.8

 
4.8

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The assumptions used in the Company's Black-Scholes valuation related to grants for options and SAR's were as follows:
 
2016
 
2015
Per share weighted average fair value of grants
$
15.22

 
$
27.16

Risk-free interest rate
1.4
%
 
1.9
%
Expected life (years)
7.0

 
7.0

Expected volatility
29.6
%
 
35.6
%
Expected dividend yield
1.7
%
 
1.2
%
The assumptions used in the Company's Monte Carlo simulation related to grants for performance share units were as follows:
 
July 2, 2016
 
July 4, 2015
Risk-free interest rate
0.9
%
 
1.0
%
Expected life (years)
3.0

 
3.0

Expected volatility
23.0
%
 
25.0
%
Expected dividend yield
1.7
%
 
1.2
%
Summary Of Share-Based Incentive Plan Grant Activity For Options and SAR's
Following is a summary of share-based incentive plan grant activity (options and SARs) for the six months ended July 2, 2016.
Number of Shares Under Options and SARs
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (years)
 
Aggregate Intrinsic Value (in millions)
Outstanding at January 2, 2016
1,548,266

 
$
63.09

 
 
 
 
Granted
293,400

 
57.43

 
 
 
 
Exercised
(22,856
)
 
45.46

 
 
 
 
Forfeited
(28,177
)
 
73.24

 
 
 
 
Expired
(2,250
)
 
72.05

 
 
 
 
Outstanding at July 2, 2016
1,788,383

 
$
62.22

 
5.8
 
$
4.4

Exercisable at July 2, 2016
1,117,928

 
$
59.60

 
4.0
 
$
4.3

Summary Of RSA Award Activity
Following is a summary of RSA award activity for the six months ended July 2, 2016:
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested RSAs at January 2, 2016
 
14,400

 
$
78.15

 
0.4
Granted
 
19,593

 
57.43

 
 
Vested
 
(14,400
)
 
78.15

 
 
Unvested RSAs July 2, 2016
 
19,593

 
$
57.43

 
0.9
Summary Of RSU Award Activity
Following is a summary of RSU award activity for the six months ended July 2, 2016:

 
 
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested RSUs at January 2, 2016
 
268,655

 
$
72.91

 
1.8
Granted
 
105,228

 
57.43

 
 
Vested
 
(79,255
)
 
65.06

 
 
Forfeited
 
(13,135
)
 
75.02

 
 
Unvested RSUs at July 2, 2016
 
281,493

 
$
69.24

 
2.1
Summary Of PSU Award Activity
Following is a summary of PSU award activity for the six months ended July 2, 2016:
 
 
 
 
Shares
 
Weighted Average Fair Value at Grant Date
 
Weighted Average Remaining Contractual Term (years)
Unvested PSUs at January 2, 2016
 
87,895

 
$
75.81

 
1.9
Granted
 
83,605

 
51.84

 
 
Forfeited
 
(36,285
)
 
59.76

 
 
Unvested PSUs July 2, 2016
 
135,215

 
$
65.30

 
2.4