Earnings Per Share (Tables)

12 Months Ended

Dec. 28, 2013

Basic and Diluted Earnings Per Common Share

The following is a reconciliation of net income and weighted average shares for calculating basic and diluted earnings per common share for fiscal years 2013, 2012, and 2011 (amounts in thousands, except per share data):


	Fiscal 2013		Fiscal 2012		Fiscal 2011
Net income	$	230,894	$	136,121	$	123,428

Basic Earnings Per Common Share:
Weighted average shares outstanding for common stock		207,935		205,005		203,015
Weighted average shares outstanding for participating securities		—		—		66

Basic weighted average shares outstanding per common share		207,935		205,005		203,081

Basic earnings per common share	$	1.11	$	0.66	$	0.61

Diluted Earnings Per Common Share:
Basic weighted average shares outstanding per common share		207,935		205,005		203,081
Add: Shares of common stock assumed issued upon exercise of stock options, vesting of performance-contingent restricted stock and deferred stock		3,992		2,669		2,241

Diluted weighted average shares outstanding per common share		211,927		207,674		205,322

Diluted earnings per common share	$	1.09	$	0.66	$	0.60