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Earnings Per Share
 12 Months Ended
Dec. 29, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

Note 21.

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 fiscal years 2018, 2017, and 2016 (amounts in thousands, except per share data):

 

 

 

Fiscal 2018

 

 

Fiscal 2017

 

 

Fiscal 2016

 

Net income

 

$

157,160

 

 

$

150,120

 

 

$

163,776

 

Basic Earnings Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding per common share

 

 

211,016

 

 

 

209,573

 

 

 

208,511

 

Basic earnings per common share

 

$

0.74

 

 

$

0.72

 

 

$

0.79

 

Diluted Earnings Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding per common share

 

 

211,016

 

 

 

209,573

 

 

 

208,511

 

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

   options, vesting of performance-contingent restricted stock

   and deferred stock

 

 

616

 

 

 

862

 

 

 

1,843

 

Diluted weighted average shares outstanding per common share

 

 

211,632

 

 

 

210,435

 

 

 

210,354

 

Diluted earnings per common share

 

$

0.74

 

 

$

0.71

 

 

$

0.78

 

 

There were 380,015 anti-dilutive shares during fiscal 2017.  There were no anti-dilutive shares for fiscal years 2018 or 2016.