Stock-Based Compensation (Tables)

12 Months Ended

Dec. 26, 2015

Stock-Based Compensation [Abstract]

Weighted average assumptions used in calculating fair value of stock options

The weighted average of key assumptions used in determining the fair value of options granted and a discussion of the methodology used to develop each assumption are as follows:

	2015		2014		2013
Expected term	5.5 years		5.6 years		5.9 years
Expected price volatility		26.2%		34.3%		39.7%
Risk-free interest rate		1.7%		1.7%		0.7%
Dividend yield		0.9%		1.0%		0.9%

Summary of the stock option activity

A summary of the activity and related information follows:

	Stock Options					Restricted Stock Awards
(Shares in thousands)	Shares			Weighted Average Exercise Price		Shares			Weighted Average Grant Date Fair Value
Outstanding at December 27, 2014		1,127		$	17.38		727		$	25.21
Granted		223			32.59		193			32.54
Exercised		(149	)		13.95		(214	)		22.49
Forfeited		(3	)		30.61		(1	)		28.28
Outstanding at December 26, 2015		1,198			20.59		705			28.08