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Stock-Based Compensation - (Tables)
12 Months Ended
Dec. 29, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Number and Weighted Average Exercise Price of Options Issued and Outstanding under All Stock Option Plans
The number and weighted-average exercise price of options issued and outstanding under all of the Company’s equity plans are as follows (in thousands, except for exercise prices):
 
Year ended
December 29,
2018
 
Year ended
December 30,
2017
 
Year ended
December 31,
2016
 
Shares
 
Average
Exercise
Price
 
Shares
 
Average
Exercise
Price
 
Shares
 
Average
Exercise
Price
Options outstanding, beginning of period
6,953

 
$
36.26

 
8,521

 
$
28.56

 
9,202

 
$
25.46

Granted
564

 
98.47

 
928

 
86.69

 
1,290

 
39.94

Canceled/Forfeited
(233
)
 
67.45

 
(250
)
 
38.59

 
(172
)
 
29.13

Exercised
(1,608
)
 
27.62

 
(2,246
)
 
27.63

 
(1,799
)
 
20.76

Options outstanding, end of period
5,676

 
$
43.61

 
6,953

 
$
36.26

 
8,521

 
$
28.56

Options exercisable, end of period
3,273

 
$
29.63

 
3,812

 
$
26.28

 
4,988

 
$
26.33

Number and Weighted Average Exercise Price of Outstanding and Exercisable Options
The number and weighted-average exercise price of outstanding and exercisable stock options segregated by exercise price ranges (in thousands, except range of exercise prices and remaining contractual life) were as follows:
 
Year ended
December 29,
2018
 
Year ended
December 30,
2017
 
Options Outstanding
 
Options
Exercisable
 
Options Outstanding
 
Options
Exercisable
Range of Exercise Prices
Number of
Options
 
Average
Remaining
Contractual
Life
 
Number of
Options
 
Number of
Options
 
Average
Remaining
Contractual
Life
 
Number of
Options
$15.00 to $35.00
2,956

 
4.24
 
2,560

 
4,442

 
4.47
 
3,418

$35.01 to $55.00
1,341

 
6.97
 
548

 
1,536

 
7.86
 
379

$55.01 to $75.00
72

 
7.75
 
20

 
101

 
8.82
 
15

$75.01 to $95.00
1,076

 
8.75
 
141

 
855

 
9.59
 

$95.01 to $115.00
160

 
9.54
 
4

 
19

 
9.40
 

$115.01 to $125.00
71

 
9.73
 

 

 
0.00
 

     Total
5,676

 
6.01
 
3,273

 
6,953

 
5.92
 
3,812

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The number of RSUs issued and outstanding under all of the Company’s equity plans are as follows (in thousands, except for weighted average grant date fair value amounts):
 
Year ended
December 29, 2018
 
Year ended
December 30, 2017
 
Year ended
December 31, 2016
 
Units
 
Weighted Average
Grant Date
Fair Value
 
Units
 
Weighted Average
Grant Date
Fair Value
 
Units
 
Weighted Average
Grant Date
Fair Value
RSUs outstanding, beginning of period
2,708

 
$
95.51

 
2,706

 
$
95.40

 
2,703

 
$
41.45

Granted
7

 
99.05

 
33

 
86.42

 
6

 
43.09

Canceled/Forfeited

 

 
(25
)
 
85.79

 

 

Vested
(8
)
 
88.40

 
(6
)
 
43.09

 
(3
)
 
41.45

RSUs outstanding, end of period
2,707

 
$
95.54

 
2,708

 
$
95.51

 
2,706

 
$
41.45

Schedule of Nonvested Performance-based Units Activity
The number of PSUs outstanding under all of the Company’s equity plans are as follows (in thousands, except for weighted average grant date fair value amounts):
 
Year ended
December 29, 2018
 
Year ended
December 30, 2017
 
Year ended
December 31, 2016
 
Units
 
Weighted Average
Grant Date
Fair Value
 
Units
 
Weighted Average
Grant Date
Fair Value
 
Units
 
Weighted Average
Grant Date
Fair Value
PSUs outstanding, beginning of period
233

 
$
90.70

 

 
$

 

 
$

Granted
197

 
86.95

 
248

 
90.71

 

 

Canceled/Forfeited
(86
)
 
90.71

 
(15
)
 
90.87

 

 
 
Vested
(31
)
 
90.70

 

 

 

 

PSUs outstanding, end of period
313

 
$
88.34

 
233

 
$
90.70

 

 
$

Range of Assumptions Used and Resulting Weighted-Average Fair Value of Options Granted at Date of Grant
The range of assumptions used and the resulting weighted-average fair value of stock options granted at the date of grant were as follows:
 
Year ended
December 29,
2018
 
Year ended
December 30,
2017
 
Year ended
December 31,
2016
Risk-free interest rate
2.3% to 3.1%
 
1.7% to 2.2%
 
1.0% to 2.1%
Expected term
5.2 years to 5.6 years
 
5.5 years to 5.6 years
 
5.5 years to 5.7 years
Estimated volatility
26.8% to 32.0%
 
29.7% to 32.1%
 
29.8% to 35.7%
Expected dividends
0%
 
0%
 
0%
Weighted-average fair value of options granted
$31.85 per share
 
$27.81 per share
 
$13.64 per share
Total Share-Based Compensation Expense Included in Consolidated Statements of Comprehensive Income
The following table presents the total stock-based compensation expense that is included in each functional line item of the consolidated statements of operations (in thousands):
 
Year ended
December 29,
2018
 
Year ended
December 30,
2017
 
Year ended
December 31,
2016
Cost of goods sold
$
334

 
$
351

 
$
355

Selling, general and administrative
21,391

 
13,272

 
9,443

Research and development
5,692

 
3,564

 
2,705

Total
$
27,417

 
$
17,187

 
$
12,503