Share-Based Payment Arrangements (Tables)

12 Months Ended

Dec. 28, 2013

Amounts Recognized in Financial Statements with Respect to Plans

Amounts recognized in the financial statements with respect to these Plans are as follows (in thousands):

	Fiscal Years
	2013		2012		2011
Total cost of the Plans during the period	$	4,911	$	6,149	$	5,012
Amount of related income tax benefit recognized during the period		1,305		2,398		983
Net cost of the Plans during the period	$	3,606	$	3,751	$	4,029

Weighted Average Assumptions for Option Grants

The fair value of each option grant on its grant date was calculated using the Black-Scholes option pricing model with the following weighted average assumptions for grants made in 2013, 2012 and 2011:

	2013			2012			2011
Expected volatility		32.0	%		34.0	%		35.0	%
Expected dividend yield		0.410	%		0.420	%		0.450	%
Risk-free interest rate		0.75	%		0.90	%		1.75	%
Expected lives (in years)		4.0			4.0			4.0

Summary of Information Regarding Stock Options

The following table summarizes information regarding the Company’s outstanding stock options under the Plans:

	Options Outstanding					Options Exercisable
	Number of Options			Weighted Average Exercise Price per Share		Number of Options		Weighted Average Exercise Price per Share
Options at December 25, 2010		2,295,831		$	39.73		936,081	$	38.85
Granted		273,000		$	41.79
Exercised		(111,355	)	$	34.84
Forfeited		(130,700	)	$	41.48
Options at December 31, 2011		2,326,776		$	40.11		1,110,743	$	39.74
Granted		329,500		$	52.03
Exercised		(846,294	)	$	39.47
Forfeited		(28,800	)	$	43.23
Options at December 29, 2012		1,781,182		$	42.56		661,865	$	40.64
Granted		152,500		$	56.40
Exercised		(421,066	)	$	40.52
Forfeited		(57,800	)	$	43.90
Options at December 28, 2013		1,454,816		$	44.55		693,516	$	42.29

Summary of Stock Options Outstanding and Exercisable

The following tables summarize stock options outstanding and exercisable at December 28, 2013:

	Options Outstanding
Range of Exercise Prices Per Share	Number Outstanding		Weighted Average Remaining  Contractual Term (years)		Weighted Average Exercise Price per Share
$24.88 - $ 25.00		4,019		0.6	$	24.88
$25.01 - $ 35.00		40,880		1.1	$	32.13
$35.01 - $ 40.00		336,829		5.4	$	37.94
$40.01 - $ 45.00		589,488		4.5	$	42.48
$45.01 - $ 56.40		483,600		8.0	$	52.89
		1,454,816		5.8	$	44.55

	Options Exercisable
Range of Exercise Prices Per Share	Number Exercisable		Weighted Average Remaining  Contractual Term (years)		Weighted Average Exercise Price per Share
$24.88 - $ 25.00		4,019		0.6	$	24.88
$25.01 - $ 35.00		40,880		1.1	$	32.13
$35.01 - $ 40.00		98,329		5.2	$	36.88
$40.01 - $ 45.00		444,488		3.7	$	42.71
$45.01 - $ 51.99		105,800		6.3	$	50.16
		693,516		4.1	$	42.29

Non-vested Restricted Stock

Schedule of Information on Non-Vested Restricted Stock

The following table summarizes information regarding the Company’s outstanding non-vested restricted stock under the Plans:

	Number  of Shares			Weighted Average Grant Date Fair Value
Outstanding at December 25, 2010		29,854		$	39.49
Granted		22,410		$	44.82
Vested		(8,333	)	$	42.14
Forfeited		(2,938	)	$	37.13
Outstanding at December 31, 2011		40,993		$	42.03
Granted		4,151		$	54.20
Vested		(8,732	)	$	44.35
Forfeited		(1,693	)	$	45.21
Outstanding at December 29, 2012		34,719		$	42.75
Granted		15,449		$	54.85
Vested		(11,975	)	$	45.61
Outstanding at December 28, 2013		38,193		$	46.75