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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted EPS

The following table sets forth the computation of basic and diluted EPS:

 

 

13-Weeks Ended

 

 

 

March 31,

2018

 

 

April 1,

2017

 

Numerator (in thousands):

 

 

 

 

 

 

 

 

Net income

 

$

67,317

 

 

$

26,816

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

215,080,238

 

 

 

221,364,013

 

Dilutive effect of share-based awards

 

 

2,131,984

 

 

 

4,959,397

 

Weighted-average dilutive shares outstanding

 

 

217,212,222

 

 

 

226,323,410

 

Basic earnings per share

 

$

0.31

 

 

$

0.12

 

Diluted earnings per share

 

$

0.31

 

 

$

0.12