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EARNINGS PER SHARE (Tables)
3 Months Ended
Apr. 05, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
We compute basic and diluted earnings per share based on the weighted-average number of shares of Common Stock and Class B Common Stock outstanding as follows:
 
Three Months Ended
 
April 5,
2015
 
March 30,
2014
Net income
$
244,737

 
$
252,495

Weighted-average shares – basic:
 
 
 
Common stock
160,024

 
163,593

Class B common stock
60,620

 
60,620

Total weighted-average shares – basic:
220,644

 
224,213

Effect of dilutive securities:
 
 
 
Employee stock options
1,687

 
2,337

Performance and restricted stock units
388

 
496

Weighted-average shares – diluted
222,719

 
227,046

Earnings per share – basic:
 
 
 
Common stock
$
1.14

 
$
1.16

Class B common stock
$
1.04

 
$
1.04

Earnings per share – diluted:
 
 
 
Common stock
$
1.10

 
$
1.11

Class B common stock
$
1.03

 
$
1.03