The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share amounts):



	Fiscal years ended
	December 30, 2012		January 1, 2012		January 2, 2011
Numerator for basic net income per share:
Net income	$	417,404	$	986,990	$	1,300,142
Denominator for basic net income per share:
Weighted average common shares outstanding	242,076		239,484		232,531
Basic net income per share	$	1.72	$	4.12	$	5.59

Numerator for diluted net income per share:
Net income	$	417,404	$	986,990	$	1,300,142
Interest on the 1% Convertible Notes due 2035, net of tax	—		—		98
Net income for diluted net income per share	$	417,404	$	986,990	$	1,300,240
Denominator for diluted net income per share:
Weighted average common shares outstanding	242,076		239,484		232,531
Incremental common shares attributable to exercise of outstanding employee stock options, SARs and ESPP (assuming proceeds would be used to purchase common stock), and RSUs	3,177		5,069		5,977
Effect of dilutive 1% Convertible Notes due 2035	—		—		393
Shares used in computing diluted net income per share	245,253		244,553		238,901
Diluted net income per share	$	1.70	$	4.04	$	5.44

Anti-dilutive shares excluded from net income per share calculation	70,309		68,079		75,079