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Net Income Per Share (Tables)
9 Months Ended
Oct. 02, 2011
Earnings Per Share [Abstract] 
Computation of basic and diluted net income (loss) per share
The following table sets forth the computation of basic and diluted net income per share for the three and nine months ended October 2, 2011 and October 3, 2010.
 
Three months ended
 
Nine months ended
 
October 2,
2011
 
October 3,
2010
 
October 2,
2011
 
October 3,
2010
 
(In thousands, except per share amounts)
Numerator for basic net income per share:
 
 
 
 
 
 
 
Net income
$
233,253

 
$
322,092

 
$
705,767

 
$
814,677

Denominator for basic net income per share:
 
 
 
 
 
 
 
Weighted average common shares outstanding
239,836

 
233,918

 
238,720

 
231,631

Basic net income per share
$
0.97

 
$
1.38

 
$
2.96

 
$
3.52

 
 
 
 
 
 
 
 
Numerator for diluted net income per share:
 
 
 
 
 
 
 
Net income
$
233,253

 
$
322,092

 
$
705,767

 
$
814,677

Interest on the 1% Notes due 2035, net of tax

 

 

 
156

Net income for diluted net income per share
$
233,253

 
$
322,092

 
$
705,767

 
$
814,833

Denominator for diluted net income per share:
 
 
 
 
 
 
 
Weighted average common shares
239,836

 
233,918

 
238,720

 
231,631

Incremental common shares attributable to exercise of outstanding employee stock options and SARs (assuming proceeds would be used to purchase common stock), and RSUs
3,844

 
6,799

 
5,062

 
7,095

Effect of dilutive 1% Notes due 2035

 

 

 
523

Shares used in computing diluted net income per share
243,680

 
240,717

 
243,782

 
239,249

Diluted net income per share
$
0.96

 
$
1.34

 
$
2.90

 
$
3.41

 
 
 
 
 
 
 
 
Anti-dilutive shares excluded from net income per share calculation
71,010

 
74,746

 
68,134

 
75,528