EARNINGS PER SHARE

4 Months Ended

Apr. 25, 2015

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 25, 2015 and April 19, 2014 (amounts in thousands, except per share data):

	For the Sixteen Weeks Ended
	April 25, 2015		April 19, 2014
Net income	$	61,389	$	61,066
Basic Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		209,913		209,131
Basic earnings per common share	$	0.29	$	0.29
Diluted Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		209,913		209,131
Add: Shares of common stock assumed issued upon exercise of stock options, vesting of performance-contingent restricted stock, and deferred stock		2,805		3,675
Diluted weighted average shares outstanding for common stock		212,718		212,806
Diluted earnings per common share	$	0.29	$	0.29

There were no anti-dilutive shares outstanding at April 25, 2015 or April 19, 2014.