v2.4.0.8

Stock Compensation Plans (Tables)

12 Months Ended

Dec. 28, 2013

Stock-based Compensation Activity, Stock Options and SARs

A summary of the Company’s stock-based compensation activity and related information under the 2011 Directors Plan, the 2005 Plan and the 2000 Plan for the years ended December 28, 2013, December 29, 2012, and December 31, 2011 is provided below:

		Stock Options and SARs
		Weighted-Average
		Exercise Price			Number of Shares
					(In Thousands)
Outstanding at December 25, 2010		$	50.87			9,086
Granted		$	39.71			42
Exercised		$	21.02			(764)
Forfeited/Expired		$	64.63			(291)
Outstanding at December 31, 2011		$	53.14			8,073
Granted		$	42.16			61
Exercised		$	24.20			(794)
Forfeited/Expired		$	66.45			(208)
Outstanding at December 29, 2012		$	55.88			7,132
Granted		$	49.07			52
Exercised		$	26.85			(662)
Forfeited/Expired		$	66.09			(283)
Outstanding at December 28, 2013		$	58.44			6,239
Exercisable at December 28, 2013		$	58.73			6,112
Expected to vest after December 28, 2013		$	44.54			127

Stock-based Compensation related information, Stock Options and SARs

Stock Options and SARs as of December 28, 2013
Exercise		Awards			Remaining			Awards
Price		Outstanding			Life (Years)			Exercisable
		(In Thousands)						(In Thousands)
$8.00 -$20.00			260			0.77			260
$20.01 - $40.00			725			1.83			700
$40.01 - $60.00			3,023			3.46			2,921
$60.01 - $80.00			1,086			3.41			1,086
$80.01 - $100.00			2			3.93			2
$100.01 - $120.00			1,140			3.89			1,140
$120.01 - $140.00			3			3.75			3
			6,239			3.30			6,112

Stock-based Compensation Activity, Restricted Stock Units

		Restricted Stock Units
		Weighted-Average
		Grant Date Fair Value			Number of Shares
					(In Thousands)
Outstanding at December 25, 2010		$	25.90			1,503
Granted		$	37.28			422
Released/Vested		$	37.73			(366)
Cancelled		$	25.89			(81)
Outstanding at December 31, 2011		$	29.40			1,478
Granted		$	39.41			506
Released/Vested		$	41.59			(435)
Cancelled		$	26.11			(89)
Outstanding at December 29, 2012		$	30.06			1,460
Granted		$	45.05			425
Released/Vested		$	28.28			(579)
Cancelled		$	30.63			(81)
Outstanding at December 28, 2013		$	37.36			1,225

Weighted-Average Assumptions Used for Fair Value of Options Estimated Using Black-Scholes Option Pricing Model

The fair value for these options was estimated at the date of grant using a Black-Scholes option pricing model with the following weighted-average assumptions for 2013, 2012, and 2011:

		2013				2012				2011
Weighted average grant date fair value of options granted		$	12.82			$	9.98			$	10.53
Expected volatility			0.3746				0.3906				0.4078
Dividend yield			3.86	%			4.50	%			4.02	%
Expected life of options in years			6.8				6.6				6.5
Risk-free interest rate			2.1	%			1.0	%			1.2	%

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration