Earnings Per Share (Tables)

4 Months Ended

Apr. 20, 2019

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 20, 2019 and April 21, 2018, respectively (amounts and shares in thousands, except per share data):

	For the Sixteen Weeks Ended
	April 20, 2019		April 21, 2018
Net income	$	65,866	$	51,247
Basic Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		211,388		210,888
Basic earnings per common share	$	0.31	$	0.24
Diluted Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		211,388		210,888
Add: Shares of common stock assumed issued upon exercise of stock options and vesting of restricted stock		496		423
Diluted weighted average shares outstanding for common stock		211,884		211,311
Diluted earnings per common share	$	0.31	$	0.24