Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.5.0.2
Stock-based Compensation (Tables)
9 Months Ended
Oct. 01, 2016
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:

 

     2016

Expected volatility

   21% to 29%

Weighted average expected volatility

   24%

Expected term (in years)

   6.3 to 7.6

Weighted average dividend yield

   2.2%

Risk-free interest rate

   0.4% to 1.7%

Weighted average fair value at date of grant

   $12.08