Share-Based Payment Arrangements (Tables)

12 Months Ended

Dec. 28, 2019

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
	2019			2018			2017
Total cost of the Plans during the period	$	4,236		$	18,256		$	7,721
Amount of related income tax benefit recognized during the period		(4,130	)		(6,610	)		(3,285	)
Net cost of the Plans during the period	$	106		$	11,646		$	4,436

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 31, 2016		372,561		$	48.24		282,461	$	46.39
Exercised		(180,321	)	$	47.01
Forfeited		(3,200	)	$	52.47
Options at December 30, 2017		189,040		$	49.34		169,240	$	48.50
Exercised		(99,926	)	$	48.36
Options at December 29, 2018		89,114		$	50.44		88,114	$	50.35
Exercised		(44,647	)	$	49.64
Options at December 28, 2019		44,467		$	51.24		44,467	$	51.24

Summary of Stock Options Outstanding and Exercisable

The following tables summarize stock options outstanding and exercisable at December 28, 2019:

	Options Outstanding
Range of Exercise Prices Per Share	Number Outstanding		Weighted Average  Remaining Contractual  Term (years)		Weighted Average Exercise Price per Share
$ 37.07 - $ 40.00		2,900		0.1	$	37.07
$ 40.01 - $ 45.00		7,500		1.1	$	41.80
$ 45.01 - $ 56.40		34,067		2.7	$	54.52
		44,467		2.2	$	51.24
	Options Exercisable
Range of Exercise Prices Per Share	Number Exercisable		Weighted Average Remaining Contractual Term (years)		Weighted Average Exercise Price per Share
$ 37.07 - $ 40.00		2,900		0.1	$	37.07
$ 40.01 - $ 45.00		7,500		1.1	$	41.80
$ 45.01 - $ 56.40		34,067		2.7	$	54.52
		44,467		2.2	$	51.24

Restricted Stock Units (RSUs)

Schedule of Information on Restricted Stock Units

The following table summarizes information regarding the Company’s outstanding restricted stock unit (“RSU”) awards with either a performance condition or a market condition under the Plans:

	Number of RSUs			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2016		378,238		$	50.46
Granted		67,913		$	76.81
Forfeited		(58,779	)	$	46.00
Outstanding at December 30, 2017		387,372		$	55.75
Granted		65,824		$	95.94
Vested		(67,971	)	$	53.92
Forfeited		(92,880	)	$	52.36
Outstanding at December 29, 2018		292,345		$	66.31
Granted		68,820		$	89.34
Shares earned in excess of target(1)		71,172		$	54.78
Vested shares, including shares earned in excess of target		(226,981	)	$	53.27
Forfeited		(6,481	)	$	86.60
Outstanding at December 28, 2019		198,875		$	84.37

(1) Represents shares earned in excess of target under the January 27, 2015 and January 29, 2016 RSU awards as actual results exceeded the target under both awards as a result of fiscal year 2018 results and under the May 1, 2015 RSU award as total shareholder return exceeded the target under the award.

Non Vested Restricted Stock and Deferred Stock Units

Schedule of Information on Non-Vested Restricted Stock and Deferred Stock Units

The following table summarizes information regarding the Company’s outstanding shares of non-vested restricted stock and Deferred Stock Units (defined below) under the Plans:

	Number of Shares and Deferred  Stock Units			Weighted Average Grant Date Fair Value
Non-vested at December 31, 2016		28,409		$	58.91
Granted		42,573		$	84.47
Vested		(16,227	)	$	61.50
Non-vested at December 30, 2017		54,755		$	78.02
Granted		22,803		$	113.35
Vested		(19,814	)	$	75.11
Forfeited		(1,757	)	$	71.12
Non-vested at December 29, 2018		55,987		$	93.66
Granted		30,338		$	102.76
Vested		(21,517	)	$	92.70
Non-vested at December 28, 2019		64,808		$	98.24