Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.19.3
Share-Based Compensation (Tables)
9 Months Ended
Sep. 28, 2019
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Fair Value Assumptions for Performance Awards
The fair values of the senior executives' performance share award grants with a TSR modifier for grants in 2019 and 2018 were $49.64 and $61.59, respectively, which were estimated using the Monte Carlo valuation model, and incorporated the following assumptions:
 
2019
 
2018
Risk-free interest rate
2.9
%
 
2.4
%
Dividend yield
1.7
%
 
1.3
%
Volatility factor
41.0
%
 
38.9
%
Expected life of award
2.9 years

 
2.9 years