14.	EARNINGS PER SHARE

The Company computes earnings per share (“EPS”) in accordance with ASC 260, Earnings per Share, which requires that non-vested restricted stock containing non-forfeitable dividend rights should be treated as participating securities pursuant to the two-class method. Under the two-class method, net income is reduced by the amount of dividends declared in the period for common stock and participating securities. The remaining undistributed earnings are then allocated to common stock and participating securities as if all of the net income for the period had been distributed. The amounts of distributed and undistributed earnings allocated to participating securities for the 13-week and 39-week periods ended October 1, 2016 were insignificant and did not materially impact the calculation of basic or diluted EPS. The remaining non-vested restricted stock that contained non-forfeitable dividend rights vested on December 31, 2016. As such, the Company has not computed EPS using the two-class method during fiscal 2017.

Basic EPS is computed by dividing Net income available to common stockholders by the weighted-average number of shares of common stock outstanding.

Diluted EPS is computed using the weighted average number of shares of common stock, plus the effect of potentially dilutive securities. Stock options, non-vested restricted shares with forfeitable dividend rights, non-vested restricted stock units, and employee stock purchase plan deferrals are considered potentially dilutive securities.

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

	13-Weeks Ended				39-Weeks Ended
	September 30, 2017		October 1, 2016		September 30, 2017		October 1, 2016
Numerator:
Net income (in thousands)	$	95,551	$	133,011	$	187,825	$	132,930
Denominator:
Weighted-average common shares outstanding		223,807,520		220,608,821		222,641,854		193,269,252
Dilutive effect of share-based awards		2,054,754		4,445,230		3,683,857		3,536,738
Weighted-average dilutive shares outstanding		225,862,274		225,054,051		226,325,711		196,805,990
Basic earnings per share	$	0.43	$	0.60	$	0.84	$	0.69
Diluted earnings per share	$	0.42	$	0.59	$	0.83	$	0.68