XML 58 R45.htm IDEA: XBRL DOCUMENT v3.19.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of 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):
 
Three Months Ended 
 March 30, 2019
 
Shares
 
Average
Exercise Price
Options outstanding, beginning of period
5,676

 
$
43.61

Granted
227

 
131.78

Canceled
(44
)
 
101.29

Exercised
(224
)
 
30.70

Options outstanding, end of period
5,635

 
$
47.22

Options exercisable, end of period
3,475

 
$
30.97

Schedule of Share-based Compensation, Restricted Stock Units Award 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):
 
Three Months Ended 
 March 30, 2019
 
Units
 
Weighted Average Grant
 Date Fair Value
RSUs outstanding, beginning of period
2,707

 
$
95.54

Granted
88

 
132.76

Canceled

 

Expired

 

Vested

 

RSUs outstanding, end of period
2,795

 
$
96.72

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):
 
Three Months Ended 
 March 30, 2019
 
Units
 
Weighted Average Grant
 Date Fair Value
PSUs outstanding, beginning of period
313

 
$
88.34

Granted
128

 
133.50

Canceled

 

Expired

 

Vested
(29
)
 
90.69

PSUs outstanding, end of period
412

 
$
102.22

Schedule of 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 options granted at the date of grant were as follows:
 
 
Three Months Ended
 
 
March 30,
2019
 
March 31,
2018
Risk-free interest rate
 
2.2% to 2.6%
 
2.3% to 2.7%
Expected term (in years)
 
5.2
 
5.6
Estimated volatility
 
29.3% to 30.0%
 
29.3% to 29.7%
Expected dividends
 
0%
 
0%
Weighted-average fair value of options granted
 
$41.01
 
$28.53