XML 48 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Per Share
 3 Months Ended
Mar. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Income Per Share

A reconciliation of basic and diluted income per share is presented below:

 
 
Three Months Ended
(In thousands, except per share amounts)
 
March 30,
2012
 
April 1,
2011
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
Net income
 
$
115,834

 
$
224,069

Basic weighted shares outstanding
 
322,586

 
321,020

Net income per share
 
$
0.36

 
$
0.70

 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
 
 
Net income
 
$
115,834

 
$
224,069

 
 
 
 
 
Weighted shares outstanding
 
322,586

 
321,020

Effect of dilutive securities:
 
 
 
 
Stock options, ESPP, and restricted stock unit shares
 
4,475

 
6,823

 
 
 
 
 
Diluted weighted shares outstanding
 
327,061

 
327,843

 
 
 
 
 
Net income per share
 
$
0.35

 
$
0.68



In applying the treasury stock method, we excluded 0.9 million and 0.3 million stock option shares and restricted stock units for the three months ended March 30, 2012 and April 1, 2011, respectively, because their effect was anti-dilutive. While these shares have been anti-dilutive, they could be dilutive in the future.