EMPLOYEE STOCK PURCHASE RIGHTS | |||||||||||
Years Ended | July 27, 2013 | July 28, 2012 | July 30, 2011 | ||||||||
Weighted-average assumptions: | |||||||||||
Expected volatility | 28.7 | % | 27.2 | % | 35.1 | % | |||||
Risk-free interest rate | 0.4 | % | 0.2 | % | 0.9 | % | |||||
Expected dividend | 1.5 | % | 1.5 | % | 0.0 | % | |||||
Expected life (in years) | 1.8 | 0.8 | 1.8 | ||||||||
Weighted-average estimated grant date fair value per share | $ | 4.68 | $ | 3.81 | $ | 6.31 | |||||