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EARNINGS PER SHARE (Tables)
12 Months Ended
Jan. 01, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share amounts):

 

     2016      2015      2014  

Net income available to common stockholders – basic and diluted

   $ 214,678      $ 192,789      $ 162,587  
  

 

 

    

 

 

    

 

 

 

Weighted average number of common shares

     48,647,167        53,828,609        54,918,471  

Earnings per common share – basic

   $ 4.41      $ 3.58      $ 2.96  

Diluted weighted average number of common shares

     49,923,859        55,532,955        56,931,226  

Earnings per common share – diluted

   $ 4.30      $ 3.47      $ 2.86