Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION - (Tables)

v3.19.2
STOCK-BASED COMPENSATION - (Tables)
3 Months Ended
Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Valuation Assumptions
The grant date fair value of each option award is calculated using a lattice option-pricing valuation model, which incorporates the following assumptions for inputs:

 
 
Three Months Ended March 2019
 
Expected volatility
 
25% to 27%
 
Weighted average expected volatility
 
26%
 
Expected term (in years)
 
6.1 to 7.5
 
Weighted average dividend yield
 
2.5%
 
Risk-free interest rate
 
2.5% to 2.8%
 
Weighted average fair value at date of grant
 
$18.13