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Earnings Per Share (Tables)
3 Months Ended
Apr. 04, 2015
Earnings Per Share [Abstract]  
Computations of Basic and Diluted Net 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 4, 2015     April 5, 2014  

Basic net earnings per share:

  

Basic net earnings

   $ 67,800      $ 111,031   

Earnings allocated to participating securities

     (350     (391
  

 

 

   

 

 

 

Net earnings available to common stockholders

   $ 67,450      $ 110,640   
  

 

 

   

 

 

 

Average shares outstanding

     320,315        319,505   
  

 

 

   

 

 

 

Basic net earnings per share

   $ 0.21      $ 0.35   
  

 

 

   

 

 

 

Diluted net earnings per share:

  

Diluted net earnings

   $ 67,800      $ 111,031   

Earnings allocated to participating securities

     (350     (391
  

 

 

   

 

 

 

Net earnings available to common stockholders

   $ 67,450      $ 110,640   
  

 

 

   

 

 

 

Diluted average shares outstanding:

    

Basic shares outstanding

     320,315        319,505   

Dilutive effect of stock options and other

     168        263   
  

 

 

   

 

 

 
     320,483        319,768   
  

 

 

   

 

 

 

Diluted net earnings per share

   $ 0.21      $ 0.35   
  

 

 

   

 

 

 
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 antidilutive:

 

     Three Months (13 Weeks) Ended  
     April 4, 2015      April 5, 2014  

Anti-dilutive stock options:

  

Weighted average shares

     455           
  

 

 

    

 

 

 

Weighted average exercise price

   $ 50.63