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Earnings Per Share
 3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
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  
      March 31, 2012     April 2, 2011  

Basic net earnings per share:

     

Basic net earnings

    $ 145,104      $ 159,841   

Earnings allocated to participating securities

      (409 )      (599 ) 
  

 

 

    

 

 

  

Net earnings available to common stockholders

    $ 144,695      $ 159,242   
  

 

 

    

 

 

  

Average shares outstanding

      317,689        316,595   
  

 

 

    

 

 

  

Basic net earnings per share

    $ 0.46      $ 0.50   
  

 

 

    

 

 

  

Diluted net earnings per share:

     

Diluted net earnings

    $ 145,104      $ 159,841   

Earnings allocated to participating securities

      (409 )      (599 ) 
  

 

 

    

 

 

  

Net earnings available to common stockholders

    $ 144,695      $ 159,242   
  

 

 

    

 

 

  

Diluted average shares outstanding:

     

Basic shares outstanding

      317,689        316,595   

Dilutive effect of stock options and other

      90        279   
  

 

 

    

 

 

  
     317,779        316,874   
  

 

 

    

 

 

  

Diluted net earnings per share

    $ 0.46      $ 0.50   
  

 

 

    

 

 

  

There were no shares excluded from the computation of diluted earnings per common share because their effect would have been antidilutive in either the first quarter of 2012 or the first quarter of 2011.