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Earnings Per Share (Tables)
12 Months Ended
Jan. 02, 2016
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 fiscal years 2015, 2014, and 2013 (amounts in thousands, except per share data):

 

 

 

Fiscal 2015

 

 

Fiscal 2014

 

 

Fiscal 2013

 

Net income

 

$

189,191

 

 

$

175,739

 

 

$

230,894

 

Basic Earnings Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding per common share

 

 

210,793

 

 

 

209,683

 

 

 

207,935

 

Basic earnings per common share

 

$

0.90

 

 

$

0.84

 

 

$

1.11

 

Diluted Earnings Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding per common share

 

 

210,793

 

 

 

209,683

 

 

 

207,935

 

Add: Shares of common stock assumed issued upon exercise of stock

   options, vesting of performance-contingent restricted stock

   and deferred stock

 

 

2,563

 

 

 

3,409

 

 

 

3,992

 

Diluted weighted average shares outstanding per common share

 

 

213,356

 

 

 

213,092

 

 

 

211,927

 

Diluted earnings per common share

 

$

0.89

 

 

$

0.82

 

 

$

1.09