Earnings Per Share

12 Months Ended

Dec. 30, 2017

A reconciliation of the numerators and the denominators of the basic and diluted per share computations are as follows:



	2017					2016					2015
	Earnings		Shares	Per-Share		Earnings		Shares	Per-Share		Earnings		Shares	Per-Share
(In thousands, except per share data)	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount

Basic earnings per share:
Income available to common shareholders	$	866,978	331,373	$	2.62	$	636,484	337,740	$	1.88	$	539,362	343,178	$	1.57
Effect of dilutive securities:
Stock options and non-vested shares	—		6,626			—		5,913			—		7,730
Diluted earnings per share:
Income available to common shareholders including assumed conversions	$	866,978	337,999	$	2.57	$	636,484	343,653	$	1.85	$	539,362	350,908	$	1.54

Options to purchase 10.6 million, 9.4 million and 2.9 million shares of common stock at per share prices ranging from $50.04 to $73.40, $47.38 to $73.40 and $50.04 to $73.40, were outstanding at the end of 2017, 2016 and 2015, respectively, but were not included in the computation of diluted earnings per share because they were anti-dilutive.