Income Per Share

12 Months Ended

Dec. 30, 2018

Basic income per share for 2018, 2017 and 2016 was computed by dividing net income amounts by the weighted average number of common shares outstanding.

The weighted average number of shares used to calculate basic and diluted income per share were as follows:



	Year Ended
	2018	2017	2016
Common stock:
Weighted average basic shares outstanding	237,797	244,179	262,209
Dilutive effect of stock options and restricted shares	7,166	8,110	4,503
Weighted average diluted shares outstanding	244,963	252,289	266,712

Diluted net income per share was computed by dividing net income by the weighted average number of basic shares outstanding plus the potential common share effect of dilutive stock options and restricted shares. We excluded potential common shares of 1,520, 1,168 and 1,558 for 2018, 2017 and 2016, respectively, from our diluted net income per share calculation as they would have had anti-dilutive effects.