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EARNINGS PER SHARE (Tables)
12 Months Ended
Jan. 03, 2015
Earnings Per Share [Abstract]  
Reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding
The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:
 
For the fiscal years ended
 
January 3,
2015
 
December 28,
2013
 
December 29,
2012
Weighted-average number of common and common equivalent shares outstanding:
 
 
 
 
 
Basic number of common shares outstanding
52,614,425

 
56,931,216

 
58,217,503

Dilutive effect of equity awards
479,114

 
590,951

 
851,684

Diluted number of common and common equivalent shares outstanding
53,093,539

 
57,522,167

 
59,069,187

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
(dollars in thousands, except per share data)
 
 
 
 
 
 
 
 
 
 
 
Basic net income per common share:
 
 
 
 
 
Net income
$
194,670

 
$
160,407

 
$
161,150

Income allocated to participating securities
(2,586
)
 
(2,144
)
 
(2,095
)
Net income available to common shareholders
$
192,084

 
$
158,263

 
$
159,055

 
 
 
 
 
 
Basic net income per common share
$
3.65

 
$
2.78

 
$
2.73

 
 
 
 
 
 
Diluted net income per common share:
 
 
 
 
 
Net income
$
194,670

 
$
160,407

 
$
161,150

Income allocated to participating securities
(2,568
)
 
(2,126
)
 
(2,072
)
Net income available to common shareholders
$
192,102

 
$
158,281

 
$
159,078

 
 
 
 
 
 
Diluted net income per common share
$
3.62

 
$
2.75

 
$
2.69

 
 
 
 
 
 
Anti-dilutive shares excluded from dilutive earnings per share calculations (1)
230,150

 
355,900

 
613,000


(1) The volume of antidilutive shares is, in part, due to the related unamortized compensation costs.