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Earnings (Loss) Per Share (Tables)
9 Months Ended 12 Months Ended
Oct. 01, 2016
Jan. 02, 2016
Earnings Per Share [Abstract]    
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

     39-Weeks Ended  
    

October 1,

2016

     September 26,
2015
 

Numerator:

     

Net income (in thousands)

   $ 132,930       $ 177,463   
  

 

 

    

 

 

 

Denominator:

     

Weighted-average common shares outstanding

     193,269,252         169,583,156   

Dilutive effect of Share-based awards

     3,536,738         1,298,645   
  

 

 

    

 

 

 

Weighted-average dilutive shares outstanding

     196,805,990         170,881,801   
  

 

 

    

 

 

 

Basic income per share

   $ 0.69       $ 1.05   
  

 

 

    

 

 

 

Diluted income per share

   $ 0.68       $ 1.04   
  

 

 

    

 

 

 

The following table sets forth the computation of basic and diluted earnings (loss) per share:

 

     2015      2014      2013  

Numerator:

        

Net income (loss)(in thousands)

   $ 167,518       $ (72,914    $ (57,206
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Weighted-average common shares outstanding

     169,560,616         169,467,651         169,634,649   

Dilutive effect of Share-based awards

     1,500,104         —           —     
  

 

 

    

 

 

    

 

 

 

Weighted-average dilutive shares outstanding

     171,060,720         169,467,651         169,634,649   
  

 

 

    

 

 

    

 

 

 

Basic earnings (loss) per share

   $ 0.99       $ (0.43    $ (0.34
  

 

 

    

 

 

    

 

 

 

Diluted earnings (loss) per share

   $ 0.98       $ (0.43    $ (0.34