Earnings Per Share

9 Months Ended

Oct. 01, 2011

Earnings Per Share

Earnings Per Share

17. EARNINGS PER SHARE: The computations of basic and diluted net earnings per share are as follows (in thousands, except per share amounts):

	Three Months (13 Weeks) Ended						Nine Months (39 Weeks) Ended
	October 1, 2011			October 2, 2010			October 1, 2011			October 2, 2010
Basic net earnings per share:
Basic net earnings	$	181,518		$	23,495		$	641,132		$	145,451
Earnings allocated to participating securities		(592	)		(436	)		(2,239	)		(1,392	)
Net earnings available to common Stockholders	$	180,926		$	23,059		$	638,893		$	144,059
Average shares outstanding		317,194			316,223			316,866			315,842
Basic net earnings per share	$	0.57		$	0.07		$	2.02		$	0.46
Diluted net earnings per share:
Diluted net earnings	$	181,518		$	23,495		$	641,132		$	145,451
Earnings allocated to participating securities		(593	)		(436	)		(2,240	)		(1,392	)
Net earnings available to common stockholders	$	180,925		$	23,059		$	638,892		$	144,059
Diluted average shares outstanding:
Basic shares outstanding		317,194			316,223			316,866			315,842
Dilutive effect of stock options and other		93			533			195			641
		317,287			316,756			317,061			316,483
Diluted net earnings per share	$	0.57		$	0.07		$	2.02		$	0.46

The number of shares that were not included in the diluted net earnings per share calculation, because to do so would have been antidilutive, was immaterial for all periods presented.