EARNINGS PER SHARE

6 Months Ended

Jul. 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						Six Months (26 Weeks) Ended
	July 5, 2014			June 29, 2013			July 5, 2014			June 29, 2013
Basic net earnings per share:
Basic net earnings	$	147,041		$	85,145		$	258,072		$	169,934
Earnings allocated to participating securities		(487	)		(419	)		(878	)		(805	)
Net earnings available to common stockholders	$	146,554		$	84,726		$	257,194		$	169,129
Average shares outstanding		319,693			318,903			319,597			318,796
Basic net earnings per share	$	0.46		$	0.27		$	0.80		$	0.53
Diluted net earnings per share:
Diluted net earnings	$	147,041		$	85,145		$	258,072		$	169,934
Earnings allocated to participating securities		(487	)		(419	)		(878	)		(805	)
Net earnings available to common stockholders	$	146,554		$	84,726		$	257,194		$	169,129
Diluted average shares outstanding:
Basic shares outstanding		319,693			318,903			319,597			318,796
Dilutive effect of stock options and other		288			120			275			138
		319,981			319,023			319,872			318,934
Diluted net earnings per share	$	0.46		$	0.27		$	0.80		$	0.53

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
	July 5, 2014		June 29, 2013		July 5, 2014		June 29, 2013
Anti-dilutive stock options:
Weighted average shares		—		546		—		276
Weighted average exercise price	$	—	$	44.51	$	—	$	44.51