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Stock-Based Compensation (Tables) | 12 Months Ended
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Oct. 29, 2017
Stock-Based Compensation |
Schedule of reconciliation of the number of options outstanding and exercisable | A reconciliation of the number of options outstanding and exercisable (in thousands) as of October 29, 2017, and changes during the fiscal year then ended, is as follows:
|  | Shares |  | Weighted- Average Exercise Price |  | Weighted- Average Remaining Contractual Term |  | Aggregate Intrinsic Value |
Outstanding at October 30, 2016 |  | 31,998 |  | $ 16.05 |  |  |  |  |
Granted |  | 2,360 |  | 33.58 |  |  |  |  |
Exercised |  | 3,619 |  | 10.29 |  |  |  |  |
Forfeited |  | 54 |  | 16.86 |  |  |  |  |
Outstanding at October 29, 2017 |  | 30,685 |  | $ 18.08 |  | 4.6 yrs |  | $ 401,823 |
Exercisable at October 29, 2017 |  | 24,544 |  | $ 14.65 |  | 3.7 yrs |  | $ 390,319 |
Schedule of weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised | The weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised (in thousands) during each of the past three fiscal years is as follows:
|  | Fiscal Year Ended
|  | October 29, | October 30, | October 25,
|  | 2017 | 2016 | 2015
Weighted-average grant date fair value |  | $ 6.41 |  | $ 7.82 |  | $ 4.92 |
Intrinsic value of exercised options |  | 87,543 |  | 135,593 |  | 67,516 |
Schedule of weighted-average assumptions used to calculate fair value of each option award |
|  | Fiscal Year Ended
|  | October 29, | October 30, | October 25,
|  | 2017 | 2016 | 2015
Risk-free interest rate |  | 2.4% |  | 2.1% |  | 2.1% |
Dividend yield |  | 2.0% |  | 1.5% |  | 1.9% |
Stock price volatility |  | 19.0% |  | 19.0% |  | 19.0% |
Expected option life |  | 8 years |  | 8 years |  | 8 years |
Schedule of reconciliation of the nonvested shares | A reconciliation of the nonvested shares (in thousands) as of October 29, 2017, and changes during the fiscal year then ended, is as follows:
|  | Shares |  | Weighted- Average Grant Date Fair Value
Nonvested at October 30, 2016 |  | 47 |  | $ 41.01 |
Granted |  | 58 |  | 35.62 |
Vested |  | 47 |  | 41.01 |
Nonvested at October 29, 2017 |  | 58 |  | $ 35.62 |
Schedule of the weighted-average grant date fair value of nonvested shares granted, the total fair value of nonvested shares granted, and the fair value of shares that have vested | The weighted-average grant date fair value of nonvested shares granted, the total fair value (in thousands) of nonvested shares granted, and the fair value (in thousands) of shares that have vested during each of the past three fiscal years is as follows:
|  | Fiscal Year Ended
|  | October 29, | October 30, | October 25,
|  | 2017 | 2016 | 2015
Weighted-average grant date fair value |  | $ 35.62 |  | $ 41.01 |  | $ 25.87 |
Fair value of nonvested shares granted |  | 2,080 |  | 1,920 |  | 1,920 |
Fair value of shares vested |  | 1,920 |  | 1,920 |  | 2,347 |
Schedule of stock-based compensation expense, along with the related income tax benefit |
|  | Fiscal Year Ended
|  | October 29, | October 30, | October 25,
(in thousands) |  | 2017 | 2016 | 2015
Stock-based compensation expense recognized |  | $ 15,591 |  | $ 17,829 |  | $ 15,717 |
Income tax benefit recognized |  | (5,879 | ) | (6,764 | ) | (5,967 | )
After-tax stock-based compensation expense |  | $ 9,712 |  | $ 11,065 |  | $ 9,750 |

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- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + 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 (h)(1) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested shares. + 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)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + 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 (d) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 3: 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=96867065&loc=d3e5070-113901 + Details
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- 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=96867065&loc=d3e5070-113901 + Details
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