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Employee Benefit Plans (Tables)
12 Months Ended
Jan. 03, 2015
Employee Benefit Plans  
Schedule of weighted average assumptions for the stock options and stock appreciation rights grants

                                                                                                                                                                                    

Fiscal Year

 

2014

 

2013

 

2012

 

Risk-free interest rate

 

 

0.9 

%

 

0.8 

%

 

1.1 

%

Expected term (in years)

 

 

3.4 

 

 

4.7 

 

 

5.1 

 

Expected volatility

 

 

47.1 

%

 

55.1 

%

 

51.1 

%

Expected dividend yield

 

 

0.0 

%

 

0.0 

%

 

0.0 

%

Estimated fair value per stock option/stock appreciation right granted

 

$

38.88 

 

$

48.19 

 

$

56.08 

 

 

Summary of stock options and stock appreciation rights activity

                                                                                                                                                                                    

Stock Options and Stock Appreciation Rights

 

Shares

 

Weighted-Average
Exercise Price

 

Weighted-Average
Remaining
Contractual
Term (Years)

 

Aggregate
Intrinsic
Value

 

 

 

in thousands

 

 

 

 

 

in thousands

 

Outstanding at December 31, 2011

 

 

1,220

 

$

41.20

 

 

5.8

 

$

49,125

 

Granted

 

 

279

 

 

124.61

 

 

 

 

 

 

 

Exercised

 

 

(386

)

 

30.28

 

 

 

 

 

32,201

 

Forfeited or expired

 

 

(74

)

 

98.53

 

 

 

 

 

 

 

​  

​  

Outstanding at December 29, 2012

 

 

1,039

 

 

63.56

 

 

6.4

 

 

36,708

 

Granted

 

 

41

 

 

104.62

 

 

 

 

 

 

 

Exercised

 

 

(332

)

 

35.64

 

 

 

 

 

24,820

 

Forfeited or expired

 

 

(70

)

 

97.62

 

 

 

 

 

 

 

​  

​  

Outstanding at December 28, 2013

 

 

678

 

 

76.15

 

 

6.2

 

 

31,794

 

Granted

 

 

94

 

 

111.90

 

 

 

 

 

 

 

Exercised

 

 

(91

)

 

39.20

 

 

 

 

 

6,391

 

Forfeited or expired

 

 

(18

)

 

120.77

 

 

 

 

 

 

 

​  

​  

Outstanding at January 3, 2015

 

 

663

 

 

85.08

 

 

5.6

 

 

20,751

 

​  

​  

​  

​  

​  

Exercisable at January 3, 2015

 

 

479

 

$

73.45

 

 

5.1

 

$

20,296

 

​  

​  

​  

​  

​  

 

Summary of stock options and stock appreciation rights outstanding and exercisable

The following table summarizes information with respect to stock options and stock appreciation rights outstanding and exercisable at January 3, 2015:

                                                                                                                                                                                    

Stock Options Outstanding

 

Stock Options
Exercisable

 

Range of Exercise Prices

 

Number of
Shares

 

Weighted-Average
Exercise Price

 

Weighted-Average
Remaining
Contractual
Term (Years)

 

Number of
Shares

 

Weighted-
Average
Exercise
Price

 

 

 

in thousands

 

 

 

 

 

in thousands

 

 

 

$13.65 - $21.51

 

 

56 

 

$

15.09 

 

 

3.6 

 

 

56 

 

$

15.09 

 

$25.77 - $42.76

 

 

103 

 

 

34.94 

 

 

3.7 

 

 

103 

 

 

34.94 

 

$43.92 - $67.10

 

 

 

 

43.92 

 

 

3.0 

 

 

 

 

43.92 

 

$69.53 - $106.40

 

 

97 

 

 

80.86 

 

 

6.3 

 

 

95 

 

 

80.80 

 

$106.89 - $131.46

 

 

167 

 

 

128.10 

 

 

7.1 

 

 

114 

 

 

128.10 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

 

428 

 

$

79.24 

 

 

5.6 

 

 

373 

 

$

72.29 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

Stock Appreciation Rights Outstanding

 

Stock Appreciation
Rights Exercisable

 

Range of Exercise Prices

 

Number of
Shares

 

Weighted-Average
Exercise Price

 

Weighted-Average
Remaining
Contractual
Term (Years)

 

Number of
Shares

 

Weighted-
Average
Exercise
Price

 

 

 

in thousands

 

 

 

 

 

in thousands

 

 

 

$13.65 - $21.51

 

 

18 

 

$

13.65 

 

 

2.1 

 

 

18 

 

$

13.65 

 

$25.77 - $42.76

 

 

17 

 

 

35.69 

 

 

2.5 

 

 

17 

 

 

35.68 

 

$43.92 - $67.10

 

 

 

 

67.10 

 

 

5.5 

 

 

 

 

67.10 

 

$69.53 - $106.40

 

 

70 

 

 

93.62 

 

 

5.6 

 

 

39 

 

 

87.56 

 

$106.89 - $131.46

 

 

127 

 

 

117.46 

 

 

6.5 

 

 

30 

 

 

127.16 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

 

235 

 

$

95.68 

 

 

5.6 

 

 

106 

 

$

77.52 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of restricted stock and restricted stock unit activity

                                                                                                                                                                                    

Restricted Stock and Restricted Stock Units

 

Number of
Shares

 

Weighted-Average
Grant Date
Fair Value

 

 

 

in thousands

 

 

 

Nonvested at December 31, 2011

 

 

352

 

$

45.70

 

Granted

 

 

102

 

 

110.72

 

Vested

 

 

(161

)

 

45.14

 

Forfeited

 

 

(16

)

 

67.62

 

​  

​  

Nonvested at December 29, 2012

 

 

277

 

 

68.69

 

Granted

 

 

140

 

 

106.76

 

Vested

 

 

(171

)

 

57.83

 

Forfeited

 

 

(27

)

 

86.51

 

​  

​  

Nonvested at December 28, 2013

 

 

219

 

 

99.27

 

Granted

 

 

164

 

 

110.95

 

Vested

 

 

(115

)

 

90.66

 

Forfeited

 

 

(13

)

 

108.76

 

​  

​  

Nonvested at January 3, 2015

 

 

255

 

$

110.17

 

​  

​  

​  

​  

​