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Earnings Per Share (Tables)
6 Months Ended
Jul. 01, 2012
Reconciliation Of Earnings Per Share Basic And Diluted

The following table sets forth the computation for basic and diluted earnings per share from continuing operations (in thousands, except per share amounts):

 

     Three months ended      Six months ended  
     July 1,      June 26,      July 1,      June 26,  
     2012      2011      2012      2011  

Numerator:

           

Income from continuing operations used in computing basic and diluted earnings per share

   $ 247,250       $ 190,580       $ 419,285       $ 309,840   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Denominator for basic earnings per share- weighted-average common shares

     228,838         234,336         228,914         234,086   

Effect of dilutive securities—employee stock compensation plan

     2,085         1,832         2,190         1,958   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted earnings per share- adjusted weighted-average shares outstanding

     230,923         236,168         231,104         236,044   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings per common share from continuing operations:

           

Basic

   $ 1.08       $ 0.81       $ 1.83       $ 1.32   

Diluted

   $ 1.07       $ 0.81       $ 1.81       $ 1.31