Earnings Per Share

12 Months Ended

Dec. 28, 2019

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

The Company computes earnings per share (“EPS”) in accordance with ASC 260, Earnings per Share. 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, 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 EPS:

	2019		2018		2017
Numerator:
Net income	$	385	$	407	$	444
Denominator:
Weighted-average common shares outstanding	218		216		223
Dilutive effect of share-based awards	2		2		3
Weighted-average dilutive shares outstanding	220		218		226
Net income per share:
Basic	$	1.77	$	1.88	$	2.00
Diluted	$	1.75	$	1.87	$	1.97