XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.7.0.1

STOCK-BASED COMPENSATION (Tables) | 9 Months Ended
--- | ---
Jul. 30, 2017
STOCK-BASED COMPENSATION |
Schedule of reconciliation of the number of options outstanding and exercisable |
| 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 | 2,935 | 10.17 |  |  |
Forfeited | 36 | 9.35 |  |  |
Outstanding at July 30, 2017 | 31,387 | $ 17.93 | 4.8 years | $ 518,421 |
Exercisable at July 30, 2017 | 25,228 | $ 14.54 | 3.9 years | $ 496,814 |
Schedule of weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised |
|  | Three Months Ended |  | Nine Months Ended |
|  | July 30, 2017 |  | July 24, 2016 |  | July 30 2017 |  | July 24, 2016 |
Weighted-average grant date fair value |  | $ | - |  | $ | 7.46 |  | $ | 6.41 |  | $ | 7.82 |
Intrinsic value of exercised options |  | $ | 12,385 |  | $ | 7,895 |  | $ | 73,473 |  | $ | 111,111 |
Schedule of weighted-average assumptions used to calculate fair value of each option award |
| Three Months Ended |  | Nine Months Ended
| July 30, 2017 |  | July 24, 2016 |  | July 30, 2017 |  | July 24, 2016
Risk-free interest rate | - |  | 1.9% |  | 2.4% |  | 2.1%
Dividend yield | - |  | 1.5% |  | 2.0% |  | 1.5%
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 July 30, 2017, and changes during the nine months 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 July 30, 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 the first nine months of fiscal years 2017 and 2016, are as follows:
| Nine Months Ended
| July 30, 2017 |  | July 24, 2016
Weighted-average grant date fair value | $ | 35.62 |  | $ | 41.01
Fair value of nonvested shares granted | 2,080 |  | 1,920
Fair value of shares vested | 1,920 |  | 1,920
Schedule of stock-based compensation expense, along with the related income tax benefit |
|  | Three Months Ended |  | Nine Months Ended |
(in thousands) |  | July 30, 2017 |  | July 24, 2016 |  | July 30, 2017 |  | July 24, 2016 |
Stock-based compensation expense recognized |  | $ | 2,006 |  | $ | 1,913 |  | $ | 13,867 |  | $ | 16,091 |
Income tax benefit recognized |  | (757) |  | (726) |  | (5,231) |  | (6,105) |
After-tax stock-based compensation expense |  | $ | 1,249 |  | $ | 1,187 |  | $ | 8,636 |  | $ | 9,986 |

X
- Definition Tabular disclosure of the weighted-average grant-date fair value of stock options granted during the period, and total intrinsic value of options exercised in the period. + References No definition available. + Details
Name: | hrl_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueAndIntrinsicValueOfExercisedOptionsTableTextBlock
Namespace Prefix: | hrl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure 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 nonvested shares that have vested during the period. + References No definition available. + Details
Name: | hrl_ScheduleOfWeightedAverageGrantDateFairValueAndFairValueNonvestedSharesGrantedAndFairValueNonvestedSharesVestedTableTextBlock
Namespace Prefix: | hrl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
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