XML 60 R41.htm IDEA: XBRL DOCUMENT
v3.20.4

Stock-Based Compensation (Tables) | 12 Months Ended
--- | ---
Dec. 26, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of share-based compensation, stock options, activity | The following table provides a reconciliation of outstanding stock options for the fiscal year ended December 26, 2020.
| Shares Under Option |  | Weighted Average Price |  | Weighted Average Remaining Contract Life (Years) |  | Aggregate Intrinsic Value (000’s)
Outstanding December 28, 2019 | 600,465 |  |  | $ | 131.32 |  |  |  |  |
Granted | 297,954 |  |  | 152.86 |  |  |  |  |
Exercised | (209,093) |  |  | 104.18 |  |  |  |  |
Forfeited | (22,377) |  |  | 173.95 |  |  |  |  |
Outstanding December 26, 2020 | 666,949 |  |  | 148.01 |  |  | 5.1 |  | $ | 69,126 |
Exercisable December 26, 2020 | 296,409 |  |  | 133.00 |  |  | 3.7 |  | 35,172 |
Schedule of nonvested restricted stock units activity | The following table provides a reconciliation of non-vested restricted share and share unit awards ("RSU") for the fiscal year ended December 26, 2020.
| Shares |  | Weighted Average Grant-Date Fair Value
Nonvested December 28, 2019 | 134,136 |  |  | $ | 185.86 |
Granted | 115,349 |  |  | 130.14 |
Vested | (68,550) |  |  | 177.78 |
Forfeited | (8,933) |  |  | 175.38 |
Nonvested December 26, 2020 | 172,002 |  |  | 152.25 |
Schedule of share-based payment award, stock options, valuation assumptions | The Company uses the Black-Scholes option valuation model to determine the fair value of stock option awards granted. The weighted average fair value of and related assumptions for options granted are as follows:
| 2020 |  | 2019 |  | 2018
Weighted average fair value of options granted | $38.09 |  | $47.63 |  | $45.19
Assumptions: |  |  |  |  |
Risk-free interest rate | 0.30% |  | 2.33% |  | 2.79%
Expected dividend yield | 1.27% |  | 0.86% |  | 0.77%
Expected stock price volatility | 33.0% |  | 27.0% |  | 25.0%
Expected life of options (years) | 4.7 |  | 4.4 |  | 4.4

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 changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration