Earnings Per Share

4 Months Ended

Apr. 20, 2013

Earnings Per Share

11. EARNINGS PER SHARE

The following is a reconciliation of net income and weighted average shares for calculating basic and diluted earnings per common share for the sixteen weeks ended April 20, 2013 and April 21, 2012 (amounts in thousands, except per share data):

	For the Sixteen Weeks Ended
	April 20, 2013		April 21, 2012
Net income	$	113,275	$	37,943
Basic Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		138,111		135,496
Basic earnings per common share	$	0.82	$	0.28
Diluted Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		138,111		135,496
Add: Shares of common stock assumed issued upon exercise of stock options, vesting of performance-contingent restricted stock, and deferred stock		2,499		1,686
Diluted weighted average shares outstanding for common stock		140,610		137,182
Diluted earnings per common share	$	0.81	$	0.28

There were no anti-dilutive shares outstanding at April 20, 2013 or April 21, 2012.