Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v2.4.0.8
Stock-based Compensation (Tables)
9 Months Ended
Sep. 28, 2013
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:

 

     2013   2012

Expected volatility

   24% to 29%   27% to 31%

Weighted average expected volatility

   26.6%   30%

Expected term (in years)

   5.6 to 7.4   5.6 to 7.5

Dividend yield

   2.3%   2.5%

Risk-free interest rate

   0.1% to 2.0%   0.1% to 2.1%

Weighted average grant date fair value

   $33.37   $33.44