Stock-Based Compensation (Tables)

12 Months Ended

Dec. 28, 2019

Share-based Payment Arrangement [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:

	2019		2018		2017
Expected term	7.8 years		7.6 years		7.7 years
Expected price volatility	28.6	%	27.2	%	28.9	%
Risk-free interest rate	2.4	%	2.9	%	2.1	%
Dividend yield	1.4	%	1.3	%	1.3	%

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 29, 2018	1,014		$	23.90	930		$	32.14
Granted	34		28.82		316		28.82
Exercised/Released	(94	)	13.37		(182	)	31.06
Forfeited	(15	)	29.31		(2	)	34.12
Outstanding at December 28, 2019	939		25.05		1,062		31.34