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Earnings Per Share (Tables)
3 Months Ended
Apr. 02, 2016
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 2, 2016     April 4, 2015  

Basic net earnings per share:

  

Basic net earnings

   $ 70,754      $ 67,800   

Earnings allocated to participating securities

     (369     (350
  

 

 

   

 

 

 

Net earnings available to common stockholders

   $ 70,385      $ 67,450   
  

 

 

   

 

 

 

Average shares outstanding

     319,240        320,315   
  

 

 

   

 

 

 

Basic net earnings per share

   $ 0.22      $ 0.21   
  

 

 

   

 

 

 

Diluted net earnings per share:

  

Diluted net earnings

   $ 70,754      $ 67,800   

Earnings allocated to participating securities

     (369     (350
  

 

 

   

 

 

 

Net earnings available to common stockholders

   $ 70,385      $ 67,450   
  

 

 

   

 

 

 

Diluted average shares outstanding:

    

Basic shares outstanding

     319,240        320,315   

Dilutive effect of stock options and other

     54        168   
  

 

 

   

 

 

 
     319,294        320,483   
  

 

 

   

 

 

 

Diluted net earnings per share

   $ 0.22      $ 0.21   
  

 

 

   

 

 

 
Antidilutive Stock Options

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

 

     Three Months (13 Weeks) Ended  
     April 2, 2016      April 4, 2015  

Anti-dilutive stock options:

  

Weighted average shares

     2,403         455   
  

 

 

    

 

 

 

Weighted average exercise price

   $ 45.73       $ 50.63