Earnings Per Share

9 Months Ended

Sep. 29, 2012

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

A reconciliation of the numerators and the denominators of the basic and diluted per share computations are as follows:

	Three Months Ended
	2012					2011
	Earnings		Shares	Per-Share		Earnings		Shares	Per-Share
(In thousands, except per share data)	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
Basic earnings per share:
Income available to common shareholders	$	98,887	171,251	$	0.58	$	78,835	169,140	$	0.47
Effect of dilutive securities:
Stock options and non-vested shares	—		4,619			—		5,143
Diluted earnings per share:
Income available to common shareholders including assumed conversions	$	98,887	175,870	$	0.56	$	78,835	174,283	$	0.45

For the three months ended September 29, 2012 and October 1, 2011, options to purchase 2.8 million and 1.4 million shares, respectively, of common stock at per share prices ranging from $55.24 to $85.96 and $42.84 to $64.68, respectively, were not included in the computation of diluted earnings per share because the options were anti-dilutive.

	Nine Months Ended
	2012					2011
	Earnings		Shares	Per-Share		Earnings		Shares	Per-Share
(In thousands, except per share data)	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
Basic earnings per share:
Income available to common shareholders	$	285,424	170,643	$	1.67	$	215,435	168,343	$	1.28
Effect of dilutive securities:
Stock options and non-vested shares	—		4,874			—		5,313
Diluted earnings per share:
Income available to common shareholders including assumed conversions	$	285,424	175,517	$	1.63	$	215,435	173,656	$	1.24

For the nine months ended September 29, 2012 and October 1, 2011, options to purchase 2.1 million and 2.0 million shares, respectively, of common stock at per share prices ranging from $55.24 to $85.96 and $38.99 to $64.68, respectively, were not included in the computation of diluted earnings per share because the options were anti-dilutive.