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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2017
Share-based Payment Arrangements [Abstract]  
Disclosure of number and weighted average exercise prices of share options
Outstanding stock options were as follows:
Stock options issued in Canadian dollars and to be exercised on the TSX:
 
 
Number

Weighted exercise price (CA$)
 
 
 
 
 
 
Stock options outstanding, January 3, 2016
1,895

 
$
29.78

Changes in outstanding stock options:
 
 
 
 
Granted
714

 
33.01

 
Exercised
(77
)
 
13.76

Stock options outstanding, January 1, 2017
2,532

 
31.18

Changes in outstanding stock options:
 
 
 
 
Exercised
(269
)
 
16.43

Stock options outstanding, December 31, 2017
2,263

 
$
32.94

 
 
Stock options issued in U.S. dollars and to be exercised on the NYSE:
 
 
Number

Weighted exercise price (US$)
 
 
 
 
 
 
Stock options outstanding, January 1, 2017

 
$

Changes in outstanding stock options:
 
 
 
 
Granted
759

 
29.01

Stock options outstanding, December 31, 2017
759

 
$
29.01

Disclosure of indirect measurement of fair value of goods or services received, share options granted during period
The following table summarizes the assumptions used in the Black-Scholes option pricing model for the stock option grants for fiscal 2017 and 2016:
 
2017
 
2016
 
 
 
 
Exercise price
US$29.01
 
CA$33.01
Risk-free interest rate
1.90%
 
0.66%
Expected volatility
20.78%
 
21.85%
Expected life
4.63 years
 
4.63 years
Expected dividend yield
1.29%
 
1.27%
Disclosure of range of exercise prices of outstanding share options
The following table summarizes information about stock options issued and outstanding and exercisable at December 31, 2017:
 
Options issued and outstanding
 
 
Options exercisable

Exercise prices
Number

Remaining contractual life (yrs)

 
Number

 
 
 
 
 
CA$13.60
63

1

 
63

CA$15.59
81

2

 
81

CA$24.22
261

3

 
174

CA$30.46
286

4

 
138

CA$33.01
714

6

 

CA$38.01
575

5

 
144

CA$42.27
283

8

 

 
2,263

 
 
600

US$29.01
759

7

 

 
3,022

 
 
600

Disclosure of number and weighted average exercise prices of other equity instruments
Outstanding Treasury RSUs were as follows:
 
 
Number

Weighted average fair value per unit
 
 
 
 
 
 
Treasury RSUs outstanding, January 3, 2016
292

 
$
20.25

Changes in outstanding Treasury RSUs:
 
 
 
 
Granted
8

 
30.08

 
Granted for dividends declared
3

 
29.08

 
Settled through the issuance of common shares
(43
)
 
17.78

 
Forfeited
(11
)
 
29.20

Treasury RSUs outstanding, January 1, 2017
249

 
20.70

Changes in outstanding Treasury RSUs:
 
 
 
 
Granted for dividends declared
2

 
29.04

 
Settled through the issuance of common shares
(149
)
 
14.12

Treasury RSUs outstanding, December 31, 2017
102

 
$
30.46

Changes in outstanding DSUs were as follows:
 
2017

 
2016

 
 
 
 
DSUs outstanding, beginning of fiscal year
255

 
226

Granted
35

 
36

Granted for dividends declared
3

 
2

Forfeited

 
(9
)
DSUs outstanding, end of fiscal year
293

 
255

Outstanding non-Treasury RSUs were as follows:
 
 
Number

Weighted average fair value per unit
 
 
 
 
 
 
Non-Treasury RSUs outstanding, January 3, 2016
953

 
$
28.42

Changes in outstanding non-Treasury RSUs:
 
 
 
 
Granted
431

 
25.40

 
Granted for performance
113

 
28.42

 
Granted for dividends declared
10

 
28.99

 
Settled - common shares
(248
)
 
28.42

 
Settled - payment of withholding taxes
(178
)
 
28.42

 
Forfeited
(34
)
 
28.42

Non-Treasury RSUs outstanding, January 1, 2017
1,047

 
27.18

Changes in outstanding non-Treasury RSUs:
 
 
 
 
Granted
471

 
29.38

 
Granted for performance
88

 
28.42

 
Granted for dividends declared
13

 
29.86

 
Settled - common shares
(215
)
 
28.34

 
Settled - payment of withholding taxes
(142
)
 
28.42

 
Forfeited
(62
)
 
27.66

Non-Treasury RSUs outstanding, December 31, 2017
1,200

 
$
27.79



Disclosure of number and weighted average remaining contractual life of outstanding share options
The following table summarizes information about stock options issued and outstanding and exercisable at December 31, 2017:
 
Options issued and outstanding
 
 
Options exercisable

Exercise prices
Number

Remaining contractual life (yrs)

 
Number

 
 
 
 
 
CA$13.60
63

1

 
63

CA$15.59
81

2

 
81

CA$24.22
261

3

 
174

CA$30.46
286

4

 
138

CA$33.01
714

6

 

CA$38.01
575

5

 
144

CA$42.27
283

8

 

 
2,263

 
 
600

US$29.01
759

7

 

 
3,022

 
 
600