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Earnings Per Share
3 Months Ended
Apr. 05, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
18. 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  
     April 5, 2014     March 30, 2013  

Basic net earnings per share:

    

Basic net earnings

   $ 111,031      $ 84,789   

Earnings allocated to participating securities

     (391     (386
  

 

 

   

 

 

 

Net earnings available to common stockholders

   $ 110,640      $ 84,403   
  

 

 

   

 

 

 

Average shares outstanding

     319,505        318,686   
  

 

 

   

 

 

 

Basic net earnings per share

   $ 0.35      $ 0.26   
  

 

 

   

 

 

 

Diluted net earnings per share:

    

Diluted net earnings

   $ 111,031      $ 84,789   

Earnings allocated to participating securities

     (391     (386
  

 

 

   

 

 

 

Net earnings available to common stockholders

   $ 110,640      $ 84,403   
  

 

 

   

 

 

 

Diluted average shares outstanding:

    

Basic shares outstanding

     319,505        318,686   

Dilutive effect of stock options and other

     263        156   
  

 

 

   

 

 

 
     319,768        318,842   
  

 

 

   

 

 

 

Diluted net earnings per share

   $ 0.35      $ 0.26   
  

 

 

   

 

 

 

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 2014 or the first quarter of 2013.