Earnings Per Share (Tables)

6 Months Ended

Jul. 11, 2020

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 the twelve and twenty-eight weeks ended July 11, 2020 and July 13, 2019, respectively (amounts and shares in thousands, except per share data):

	For the Twelve Weeks Ended				For the Twenty-Eight Weeks Ended
	July 11, 2020		July 13, 2019		July 11, 2020		July 13, 2019
Net income	$	57,919	$	53,095	$	52,147	$	118,961
Basic Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		211,780		211,685		211,766		211,517
Basic earnings per common share	$	0.27	$	0.25	$	0.25	$	0.56
Diluted Earnings Per Common Share:
Basic weighted average shares outstanding for common stock		211,780		211,685		211,766		211,517
Add: Shares of common stock assumed issued upon exercise of    stock options and vesting of restricted stock		504		272		426		407
Diluted weighted average shares outstanding for common stock		212,284		211,957		212,192		211,924
Diluted earnings per common share	$	0.27	$	0.25	$	0.25	$	0.56