Annual report pursuant to Section 13 and 15(d)

Note K - Equity-based Compensation - Weighted-average Assumptions (Details)

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Note K - Equity-based Compensation - Weighted-average Assumptions (Details) - Stock Appreciation Rights (SARs) [Member] - $ / shares
12 Months Ended
Jan. 02, 2021
Dec. 28, 2019
Expected volatility (1) [1] 35.23% 37.21%
Risk-free interest rate (2) [2] 1.66% 2.53%
Expected life (3) (Year) [3] 3 years 6 months 3 years 6 months
Expected dividend yield (4) [4] 0.00% 0.00%
Weighted-average exercise price (5) (in dollars per share) [5] $ 63.02 $ 116.06
[1] The Company utilizes historical volatility of the trading price of its common stock.
[2] Risk-free interest rate is based on the U.S. Treasury yield curve with respect to the expected life of the award.
[3] Depending upon the terms of the award, one of two methods will be used to calculate expected life: (i) a weighted-average that includes historical settlement data of the Company's equity awards and a hypothetical holding period, or (ii) the simplified method.
[4] The Company historically has not paid and currently has no plan to pay dividends.
[5] Exercise price is the closing price of the Company's common stock on the date of grant.