Earnings Per Share (Tables)

4 Months Ended

Apr. 23, 2022

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Common 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 23, 2022 and April 24, 2021, respectively (amounts and shares in thousands, except per share data):

	For the Sixteen Weeks Ended
	April 23, 2022		April 24, 2021
Net income	$	85,589	$	71,655
Basic Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		211,999		211,889
Basic earnings per common share	$	0.40	$	0.34
Diluted Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		211,999		211,889
Add: Shares of common stock assumed issued upon exercise of    stock options and vesting of restricted stock		1,315		891
Diluted weighted average shares outstanding for common stock		213,314		212,780
Diluted earnings per common share	$	0.40	$	0.34