Earnings Per Share (Tables)

6 Months Ended

Jun. 29, 2013

Computations of Basic and Diluted Net 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						Six Months (26 Weeks) Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
Basic net earnings per share:
Basic net earnings	$	85,145		$	112,299		$	169,934		$	257,403
Earnings allocated to participating securities		(419	)		(422	)		(805	)		(830	)
Net earnings available to common stockholders	$	84,726		$	111,877		$	169,129		$	256,573
Average shares outstanding		318,903			317,975			318,796			317,832
Basic net earnings per share	$	0.27		$	0.35		$	0.53		$	0.81
Diluted net earnings per share:
Diluted net earnings	$	85,145		$	112,299		$	169,934		$	257,403
Earnings allocated to participating securities		(419	)		(422	)		(805	)		(830	)
Net earnings available to common stockholders	$	84,726		$	111,877		$	169,129		$	256,573
Diluted average shares outstanding:
Basic shares outstanding		318,903			317,975			318,796			317,832
Dilutive effect of stock options and other		120			65			138			78
		319,023			318,040			318,934			317,910
Diluted net earnings per share	$	0.27		$	0.35		$	0.53		$	0.81

Anti-Dilutive Stock Options

The following stock options were excluded from the computation of diluted net earnings per share because their effect would have been anti-dilutive (in thousands, except per share amounts):

	Three Months (13 Weeks) Ended				Six Months (26 Weeks) Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Anti-dilutive stock options:
Weighted average shares		546		801		276		401
Weighted average exercise price	$	44.51	$	42.07	$	44.51	$	42.07