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Weighted-Average Shares
6 Months Ended
Jul. 03, 2016
Earnings Per Share [Abstract]  
Weighted-Average Shares
Weighted-Average Shares
Weighted-average shares were calculated as follows (in thousands):
 
Three-months Ended
 
Six-months Ended
 
July 3, 2016
 
July 5, 2015
 
July 3, 2016
 
July 5, 2015
Basic weighted-average common shares outstanding
85,107

 
87,199

 
85,024

 
86,977

Effect of dilutive stock options
1,699

 
1,986

 
1,689

 
1,974

Weighted-average common and common-equivalent shares outstanding
86,806

 
89,185

 
86,713

 
88,951


Stock options to purchase 3,904,396 and 4,502,777 shares of common stock, on a weighted-average basis, were outstanding during the three-month and six-month periods ended July 3, 2016, respectively, and 2,171,856 and 1,912,850 for the same periods in 2015, but were not included in the calculation of dilutive net income per share because they were anti-dilutive.