Net Income per Share

3 Months Ended

Apr. 01, 2017

Earnings Per Share [Abstract]

Net Income per Share [Text Block]

Net Income per Share

The following table presents the computation of net income per share on a basic and diluted basis (shares in thousands):

	Quarter Ended
	April 1, 2017		April 2, 2016
Net income attributable to shareholders	$	113,768	$	106,235
Weighted-average shares outstanding - basic	89,262		91,514
Net effect of various dilutive stock-based compensation awards	1,279		1,273
Weighted-average shares outstanding - diluted	90,541		92,787
Net income per share:
Basic	$	1.27	$	1.16
Diluted (a)	$	1.26	$	1.14

(a) Stock-based compensation awards for the issuance of 244 and 1,039 shares for the first quarter of 2017 and 2016, respectively, were excluded from the computation of net income per share on a diluted basis as their effect was anti-dilutive.