XML 95 R82.htm IDEA: XBRL DOCUMENT v3.10.0.1
- SCHEDULE OF BASIC AND DILUTED EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Oct. 01, 2017
Sep. 30, 2018
Oct. 01, 2017
Common stock        
Basic earnings per share:        
Allocation of distributed earnings (cash dividends paid) $ 107,532 $ 99,588 $ 303,152 $ 287,580
Allocation of undistributed earnings 85,019 100,892 310,942 154,128
Total earnings—basic $ 192,551 $ 200,480 $ 614,094 $ 441,708
Total weighted-average shares—basic (shares) 149,155 151,418 149,371 152,004
Earnings Per Share—basic (USD per share) $ 1.29 $ 1.32 $ 4.11 $ 2.91
Diluted earnings per share:        
Allocation of total earnings used in basic computation $ 192,551 $ 200,480 $ 614,094 $ 441,708
Reallocation of total earnings as a result of conversion of Class B common stock to Common stock 71,162 72,823 226,677 160,140
Reallocation of undistributed earnings 0 0 0 0
Total earnings—diluted $ 263,713 $ 273,303 $ 840,771 $ 601,848
Conversion of Class B common stock to Common shares outstanding 60,620 60,620 60,620 60,620
Total weighted-average shares—diluted (shares) 210,681 213,392 210,970 214,123
Earnings Per Share—diluted (USD per share) $ 1.25 $ 1.28 $ 3.99 $ 2.81
Common stock | Employee stock options        
Diluted earnings per share:        
Incremental common shares attributable to dilutive effect of share-based payment arrangements 589 1,002 664 1,165
Common stock | Performance and restricted stock units        
Diluted earnings per share:        
Incremental common shares attributable to dilutive effect of share-based payment arrangements 317 352 315 334
Class B common stock        
Basic earnings per share:        
Allocation of distributed earnings (cash dividends paid) $ 39,767 $ 36,129 $ 112,026 $ 104,265
Allocation of undistributed earnings 31,395 36,694 114,651 55,875
Total earnings—basic $ 71,162 $ 72,823 $ 226,677 $ 160,140
Total weighted-average shares—basic (shares) 60,620 60,620 60,620 60,620
Earnings Per Share—basic (USD per share) $ 1.17 $ 1.20 $ 3.74 $ 2.64
Diluted earnings per share:        
Allocation of total earnings used in basic computation $ 71,162 $ 72,823 $ 226,677 $ 160,140
Reallocation of total earnings as a result of conversion of Class B common stock to Common stock 0 0 0 0
Reallocation of undistributed earnings (139) (239) (547) (401)
Total earnings—diluted $ 71,023 $ 72,584 $ 226,130 $ 159,739
Conversion of Class B common stock to Common shares outstanding 0 0 0 0
Total weighted-average shares—diluted (shares) 60,620 60,620 60,620 60,620
Earnings Per Share—diluted (USD per share) $ 1.17 $ 1.20 $ 3.73 $ 2.64
Class B common stock | Employee stock options        
Diluted earnings per share:        
Incremental common shares attributable to dilutive effect of share-based payment arrangements 0 0 0 0
Class B common stock | Performance and restricted stock units        
Diluted earnings per share:        
Incremental common shares attributable to dilutive effect of share-based payment arrangements 0 0 0 0