Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share

Reconciliation of Basic and Diluted Earnings Per Share

The following tables present a reconciliation of the numerators and the denominators of the company’s basic and diluted earnings per share computations for the three months ended March 31, 2018 and March 30, 2017 (in thousands, except per share data):

	Three Months Ended March 31,
	2018					2017
	Net Income		Shares	Per Share		Net Income		Shares	Per Share
	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
Basic earnings per share	$	227,551	236,623	$	0.96	$	200,817	242,943	$	0.83
Dilutive common share equivalents		-	1,100				-	1,603
Diluted earnings per share	$	227,551	237,723	$	0.96	$	200,817	244,546	$	0.82