v2.4.0.6
Share-Based Compensation (Tables)
9 Months Ended
Sep. 29, 2012
Number and Weighted Average Exercise Price of Options Issued and Outstanding Under All Stock Option Plans

During the fiscal year ended December 31, 2011, the Company issued 629,000 shares of common stock as a result of stock option exercises. The number and weighted average exercise price of options issued and outstanding under all stock option plans are as follows (in thousands, except for exercise prices):

 

     Nine Months Ended
September 29, 2012
 
     Shares     Average
Exercise  Price
 

Options outstanding, beginning of period

     8,277      $ 22.68   

Granted

     543      $ 22.36   

Canceled

     (310   $ 27.08   

Exercised

     (140   $ 7.39   
  

 

 

   

Options outstanding, end of period

     8,370      $ 22.76   
  

 

 

   

Options exercisable, end of period

     4,442      $ 21.14   

Options available for grant, end of period

     5,008     
Range of Assumptions Used and the Resulting Weighted-Average Fair Value of Options Granted at the Date of Grant

options granted under the Company’s share-based compensation plans. The range of assumptions used and the resulting weighted-average fair value of options granted at the date of grant were as follows:

 

     Three Months Ended   Nine Months Ended
     September 29,
2012
  October 1,
2011
  September 29,
2012
  October 1,
2011

Risk-free interest rate

   0.7% to 1.0%   1.0% to 1.9%   0.7% to 1.3%   1.0% to 2.5%

Expected term

   5.5 years   5.3 years   5.5 years   5.3 years

Estimated volatility

   36.8% to 37.8%   36.7% to 41.8%   36.8% to 42.6%   36.7% to 41.8%

Expected dividends

   0%   0%   0%   0%

Weighted-average fair value of options granted

   $8.41   $10.34   $8.10   $11.50