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Earnings Per Share
 3 Months Ended
Apr. 04, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

8  Earnings Per Share

 

Basic and diluted earnings per share (“EPS”) calculations are detailed as follows (in thousands, except per share data):

    Three Months Ended April 4, 2015
    Net Income Weighted-Average Shares Per Share
    (Numerator) (Denominator) Amount
Net income per basic common share $96,061  83,025 $1.16
Effect of dilutive stock option, restricted         
 stock and restricted stock unit securities     727   
Net income per diluted common share $96,061  83,752 $1.15

    Three Months Ended March 29, 2014
    Net Income Weighted-Average Shares Per Share
    (Numerator) (Denominator) Amount
Net income per basic common share $70,302  84,977 $0.83
Effect of dilutive stock option, restricted         
 stock and restricted stock unit securities     896   
Net income per diluted common share $70,302  85,873 $0.82

For both the three months ended April 4, 2015 and March 29, 2014, the Company had 0.6 million stock options that were antidilutive due to having higher exercise prices than the Company's average stock price during the period. These securities were not included in the computation of diluted EPS. The effect of dilutive securities was calculated using the treasury stock method.