Earnings Per Share

6 Months Ended

Jul. 13, 2019

Earnings Per Share [Abstract]

Earnings Per Share

16. 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 twelve and twenty-eight weeks ended July 13, 2019 and July 14, 2018, respectively (amounts and shares in thousands, except per share data):

	For the Twelve Weeks Ended				For the Twenty-Eight Weeks Ended
	July 13, 2019		July 14, 2018		July 13, 2019		July 14, 2018
Net income	$	53,095	$	45,442	$	118,961	$	96,689
Basic Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		211,685		211,048		211,517		210,956
Basic earnings per common share	$	0.25	$	0.22	$	0.56	$	0.46
Diluted Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		211,685		211,048		211,517		210,956
Add: Shares of common stock assumed issued upon exercise of    stock options and vesting of restricted stock		272		459		407		487
Diluted weighted average shares outstanding for common stock		211,957		211,507		211,924		211,443
Diluted earnings per common share	$	0.25	$	0.21	$	0.56	$	0.46

There were 54,360 and 65,390 anti-dilutive shares during the twelve and twenty-eight weeks ended July 13, 2019, respectively.  There were no anti-dilutive shares during the twelve and twenty-eight weeks ended July 14, 2018.