EMPLOYEE BENEFIT PLANS

9 Months Ended

Oct. 03, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation Plans. The following table summarizes stock options and stock appreciation rights activity during the Third Quarter:



Stock Options and Stock Appreciation Rights	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
	(in Thousands)				(in Years)	(in Thousands)
Outstanding at July 4, 2015	744		$	84.94	5.5	$	7,667
Granted	5		70.12
Exercised	(3	)	25.27			123
Forfeited or expired	(28	)	103.07
Outstanding at October 3, 2015	718		84.39		5.3	4,580
Exercisable at October 3, 2015	526		$	82.73	4.7	$	4,580

The aggregate intrinsic value shown in the table above is before income taxes and is based on (i) the exercise price for outstanding and exercisable options/rights at October 3, 2015 and (ii) the fair market value of the Company’s common stock on the exercise date for options/rights that were exercised during the Third Quarter.

Stock Options and Stock Appreciation Rights Outstanding and Exercisable. The following tables summarize information with respect to stock options and stock appreciation rights outstanding and exercisable at October 3, 2015:



Stock Options Outstanding					Stock Options Exercisable
Range of Exercise Prices	Number of Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Number of Shares	Weighted- Average Exercise Price
	(in Thousands)			(in Years)	(in Thousands)
$13.65 - $30.71	72	$	19.96	2.7	72	$	19.96
$31.24 - $67.10	69	38.11		3.5	69	38.11
$69.53 - $106.40	93	80.85		5.5	92	80.78
$106.89 - $131.46	156	127.97		6.2	156	127.97
Total	390	$	80.86	4.9	389	$	80.85



Stock Appreciation Rights Outstanding					Stock Appreciation Rights Exercisable
Range of Exercise Prices	Number of Shares	Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Number of Shares	Weighted- Average Exercise Price
	(in Thousands)			(in Years)	(in Thousands)
$13.65 - $30.71	23	$	18.01	1.2	23	$	18.01
$31.24 - $67.10	11	45.09		3.0	11	45.09
$69.53 - $106.40	190	83.95		6.7	43	90.96
$106.89 - $131.46	104	117.93		5.6	60	121.68
Total	328	$	88.59	5.8	137	$	88.06

Restricted Stock, Restricted Stock Units and Performance Restricted Stock Units. The following table summarizes restricted stock, restricted stock unit and performance restricted stock unit activity during the Third Quarter:



Restricted Stock, Restricted Stock Units and Performance Restricted Stock Units	Number of Shares		Weighted-Average Grant Date Fair Value Per Share
	(in Thousands)
Nonvested at July 4, 2015	437		$	89.22
Granted	6		67.72
Vested	(8	)	103.06
Forfeited	(14	)	89.69
Nonvested at October 3, 2015	421		$	88.61

The total fair value of restricted stock and restricted stock units vested during the Third Quarter was approximately $0.6 million. Vesting of performance restricted stock units is based on achievement of sales growth and operating margin targets in relation to the performance of a certain identified peer group.