Share-based Payment Arrangements (Tables)

9 Months Ended

Sep. 27, 2014

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):

	Thirty Nine Weeks Ended						Thirteen Weeks Ended
	September 27, 2014			September 28, 2013			September 27, 2014			September 28, 2013
Total cost of the Plans during the period	$	4,218		$	4,133		$	1,419		$	1,141
Amount of related income tax benefit recognized during the period		(2,230	)		(1,294	)		(953	)		(315	)
Net cost of the Plans during the period	$	1,988		$	2,839		$	466		$	826

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 the 2014 and 2013 thirty-nine-week periods:

	2014			2013
Expected volatility		26.0	%		32.0	%
Expected dividend yield		0.43	%		0.41	%
Risk-free interest rate		1.50	%		0.75	%
Expected lives (in years)		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:

	Number of Options			Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value (000s)
Options outstanding at December 28, 2013		1,454,816		$	44.55
Granted		1,000		$	58.06
Exercised		(462,545	)	$	41.18
Forfeited		(65,800	)	$	47.47
Options outstanding at September 27, 2014		927,471		$	46.04		5.6	$	24,162
Options exercisable at September 27, 2014		531,221		$	43.72		4.4	$	15,072

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 28, 2013		38,193		$	46.75
Granted		7,124		$	63.17
Vested		(19,196	)	$	41.85
Forfeited		(2,768	)	$	54.20
Outstanding at September 27, 2014		23,353		$	54.90

Restricted Stock Units (RSUs)

Schedule of Information on Restricted Stock Units

The following table summarizes information regarding the Company’s outstanding RSU awards under the Plans:

	Number of Units			Weighted Average Grant Date Fair Value
Outstanding at December 28, 2013		308,007		$	49.63
Granted		146,000		$	53.11
Vested		(24,641	)	$	51.47
Forfeited		(3,736	)	$	49.53
Outstanding at September 27, 2014		425,630		$	50.72