Net Income Per Share

6 Months Ended

Jun. 02, 2017

Earnings Per Share [Abstract]

NET INCOME PER SHARE

 NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share for the three and six months ended June 2, 2017 and June 3, 2016 (in thousands, except per share data):

	Three Months				Six Months
	2017		2016		2017		2016
Net income	$	374,390	$	244,074	$	772,836	$	498,381
Shares used to compute basic net income per share	494,371		499,974		494,492		499,534
Dilutive potential common shares:
Unvested restricted stock units and performance share awards	5,637		4,239		6,175		5,557
Stock options	343		512		365		575
Shares used to compute diluted net income per share	500,351		504,725		501,032		505,666
Basic net income per share	$	0.76	$	0.49	$	1.56	$	1.00
Diluted net income per share	$	0.75	$	0.48	$	1.54	$	0.99

For the three and six months ended June 2, 2017 and June 3, 2016, there were no options to purchase shares of common stock with exercise prices greater than the average fair market value of our stock of $131.59 and $121.41, respectively, and $94.09 and $90.93, respectively, that would have been anti-dilutive.