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Earnings Per Share (Tables)
3 Months Ended
Apr. 01, 2017
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share

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

 

 

 

13-Weeks Ended

 

 

 

April 1,

2017

 

 

April 2,

2016

 

Numerator:

 

 

 

 

 

 

 

 

Net income (in thousands)

 

$

26,816

 

 

$

13,311

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

221,364,013

 

 

 

169,121,722

 

Dilutive effect of share-based awards

 

 

4,959,397

 

 

 

2,378,210

 

Weighted-average dilutive shares outstanding

 

 

226,323,410

 

 

 

171,499,932

 

Basic earnings per share

 

$

0.12

 

 

$

0.08

 

Diluted earnings per share

 

$

0.12

 

 

$

0.08