Equity Compensation (Tables)

12 Months Ended

Dec. 28, 2014

Equity Compensation

Schedule of information pertaining to option activity

Information pertaining to option activity during 2014 is as follows (number of options and aggregate intrinsic value in thousands):

					Weighted
					Average
			Weighted		Remaining
	Number		Average		Contractual	Aggregate
	of		Exercise		Term	Intrinsic
	Options		Price		(In Years)	Value
Outstanding at December 29, 2013	2,104		$	17.39
Granted	293		49.68
Exercised	(759	)	13.77
Cancelled	(74	)	31.83
Outstanding at December 28, 2014	1,564		$	24.52	5.41	$	48,640
Exercisable at December 28, 2014	893		$	16.55	3.11	$	34,872

Summary of the significant assumptions used in estimating the fair value of options granted

	2014		2013		2012
Assumptions (weighted average):
Risk-free interest rate	1.8	%	1.1	%	1.1	%
Expected dividend yield	1.0	%	0.1	%	0.0	%
Expected volatility	35.7	%	37.5	%	37.8	%
Expected term (in years)	6.0		6.0		6.0

Schedule of information pertaining to restricted stock activity

Information pertaining to restricted stock activity during 2014, 2013 and 2012 is as follows (shares in thousands):

			Weighted
			Average
			Grant-Date
	Shares		Fair Value
Total as of December 25, 2011	500		$	14.10
Granted	266		18.59
Forfeited	(74	)	15.46
Vested	(156	)	13.89
Total as of December 30, 2012	536		16.31
Granted	160		27.09
Forfeited	(70	)	18.56
Vested	(203	)	15.51
Total as of December 29, 2013	423		20.39
Granted	106		49.31
Forfeited	(40	)	27.79
Vested	(203	)	18.05
Total as of December 28, 2014	286		$	31.81