Equity Compensation (Tables)

12 Months Ended

Dec. 30, 2018

Schedule of Information Pertaining to Option Activity

Information pertaining to option activity during 2018 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 31, 2017	1,452	$	53.43
Granted	456		59.23
Exercised	(75)		36.06
Cancelled	(219)		65.33
Outstanding at December 30, 2018	1,614	$	54.27	6.79	$	5,985
Exercisable at December 30, 2018	976	$	47.66	5.55	$	5,985

Summary of the Significant Assumptions Used in Estimating the Fair Value of Options Granted

The following is a summary of the significant assumptions used in estimating the fair value of options granted in 2018, 2017 and 2016:


	2018		2017		2016

Assumptions (weighted average):
Risk-free interest rate	2.7	%	2.0	%	1.3	%
Expected dividend yield	1.5	%	1.0	%	1.2	%
Expected volatility	27.6	%	26.7	%	27.4	%
Expected term (in years)	5.6		5.6		5.5

Schedule of Information Pertaining to Restricted Stock Activity

The fair value of both time-based restricted stock and performance-based restricted stock units is based on the market price of the Company’s shares on the grant date. Information pertaining to these awards during 2018 is as follows (shares in thousands):


		Weighted
		Average
		Grant-Date
	Shares	Fair Value
Total as of December 31, 2017	181	$	69.11
Granted	330		57.37
Forfeited	(54)		64.67
Vested	(87)		66.59
Total as of December 30, 2018	370	$	59.84