Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v2.4.0.8
Stock-based Compensation (Tables)
3 Months Ended
Mar. 29, 2014
Schedule of Assumption Used and Resulting Weighted Average Fair Value of Stock Option Granted

The grant date fair value of each option award is calculated using a lattice option–pricing valuation model, which incorporates a range of assumptions for inputs as follows:

 

     Three Months Ended March
2014

Expected volatility

   23% to 29%

Weighted average expected volatility

   26%

Expected term (in years)

   5.5 to 7.3

Dividend yield

   2.1%

Risk-free interest rate

   0.1% to 2.7%

Weighted average fair value at date of grant

   $12.00