Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.5.0.2
Stock-based Compensation (Tables)
6 Months Ended
Jul. 02, 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
Dividend yield    2.1%
Risk-free interest rate    0.5% to 1.7%
Fair value at date of grant    $12.10