XML 53 R39.htm IDEA: XBRL DOCUMENT v3.3.1.900
Employee Stock Benefit Plans (Tables)
12 Months Ended
Jan. 01, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, RSUs Activity
The following table summarizes the Company’s stock option and restricted stock unit activity during fiscal 2015:
 
 
 
Stock Options Outstanding
 
Restricted Stock Units Outstanding
 
Shares Available for Grant
 
Options
 
Weighted average
exercise price
 
Restricted
Stock  Units
 
Weighted Average
Grant-Date Fair Value
(In millions, except for per share data)
 
 
 
 
 
 
 
 
 
Outstanding at the beginning of year
14.4

 
13.1

 
$
21.23

 
3.1

 
$
28.14

Granted
(4.3
)
 
0.1

 
$
25.08

 
2.1

 
$
24.84

Option exercised

 
(1.3
)
 
$
12.35

 

 
$

Shares released, net

 

 
$

 
(0.7
)
 
$
24.86

Cancelled and Forfeited
0.7

 
(0.3
)
 
$
25.58

 
(0.2
)
 
$
27.78

Outstanding at the end of year
10.8

 
11.6

 
$
22.15

 
4.3

 
$
26.98

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable [Table Text Block]
The following table summarizes information about stock options outstanding as of fiscal 2015 year end:
 
Number
Of  Shares
(in millions)
 
Weighted-
Average
Exercise  Price
per Share
 
Weighted-
Average
Remaining
Contractual Term
(in years)
 
Aggregate
Intrinsic
Value
(in millions)
Vested and expected to vest
11.4

 
$
22.08

 
3.02
 
$
24.3

Options exercisable
8.6

 
$
20.42

 
2.49
 
$
24.0

Schedule Of Restricted Stock Unit Activity
The following table summarizes information about restricted stock units outstanding as of fiscal 2015:
 
Number
Of  Shares Underlying Restricted Stock Units
(in millions)
 
Weighted-
Average
Remaining
Vesting Period
 (in years)
 
Aggregate
Fair Value
(in millions)
Vested and expected to vest
3.8

 
1.77
 
$
82.5

Schedule Of Stock-Based Compensation Expense, Net Of Tax, Related To Employee Stock-Based Compensation (For All Plans)
The following table summarizes stock-based compensation expense included in the Consolidated Statements of Income.
 
Fiscal Years
2015
 
2014
 
2013
(In millions)
 
 
 
 
 
Cost of sales
$
3.9

 
$
3.2

 
$
2.6

Research and development
8.7

 
6.8

 
5.1

Sales and marketing
9.1

 
7.6

 
7.3

General and administrative
28.4

 
25.8

 
21.5

Total operating expenses
46.2

 
40.2

 
33.9

Total stock-based compensation expense
$
50.1

 
$
43.4

 
$
36.5

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions
valued using the Black-Scholes option pricing model with the following weighted-average assumptions:
Fiscal Years
2015
 
2014
 
2013
Expected life of purchase
0.5 years

 
0.5 years

 
0.5 years

Expected stock price volatility
31.3
%
 
30.5
%
 
31.5
%
Risk free interest rate
0.08
%
 
0.07
%
 
0.12
%
Expected dividend yield

 

 

Employee Stock Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Weighted-Average Assumptions Used In Stock Options Granted
For options granted during fiscal 2015, 2014 and 2013, the following weighted-average assumptions were used:
Fiscal Years
2015
 
2014
 
2013
Expected life of options
3.9 years

 
4.0 years

 
3.9 years

Expected stock price volatility
36
%
 
35
%
 
35
%
Risk free interest rate
1.26
%
 
1.29
%
 
0.69
%
Expected dividend yield

 

 

Market Based Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Weighted-Average Assumptions Used In Stock Options Granted
following weighted-average assumptions:
Fiscal Years
2015
Expected life of options
2.6 years

Expected stock price volatility
30.9
%
Risk free interest rate
0.9
%
Expected dividend yield