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Earnings Per Share
9 Months Ended
Sep. 26, 2009
USD / shares
Earnings Per Share [Abstract]
Earnings Per Share

4.       Earnings Per Share

  

The following table sets forth the computation of basic and diluted net income per share:

  

13-Weeks Ended

  

September 26,

  

September 27,

  

2009

  

2008

Numerator:

  

  

  

    Numerator for basic and diluted net income

  

  

  

        per share - net income

$215,133

  

$171,244

  

  

  

  

Denominator:

  

  

  

    Denominator for basic net income per share –

  

  

  

        weighted-average common shares

              200,546

  

                 206,634

  

  

  

  

    Effect of dilutive securities –

  

  

  

        employee stock options

                  1,053

  

                     1,473

  

  

  

  

    Denominator for diluted net income per share –

  

  

  

        adjusted weighted-average common shares

              201,599

  

                 208,107

  

  

  

  

Basic net income per share

$1.07

  

$0.83

  

  

  

  

Diluted net income per share

$1.07

  

$0.82

  

  

  

  

  

  

  

  

  

39-Weeks Ended

  

September 26,

  

September 27,

  

2009

  

2008

Numerator:

  

  

  

    Numerator for basic and diluted net income

  

  

  

        per share - net income

$425,542

  

$575,115

  

  

  

  

Denominator:

  

  

  

    Denominator for basic net income per share –

  

  

  

        weighted-average common shares

              200,398

  

                 212,299

  

  

  

  

    Effect of dilutive securities –

  

  

  

        employee stock options

                     640

  

                     1,953

  

  

  

  

    Denominator for diluted net income per share –

  

  

  

        adjusted weighted-average common shares

              201,038

  

                 214,252

  

  

  

  

Basic net income per share

$2.12

  

$2.71

  

  

  

  

Diluted net income per share

$2.12

  

$2.68

  

        There were 7,097,790 anti-dilutive options for the 13-week period ended on September 26, 2009.  There were 6,497,596 anti-dilutive options for the 13-week period ended September 27, 2008.

  

        There were 7,853,062 anti-dilutive options for the 39-week period ended September 26, 2009.   There were 5,655,282 anti-dilutive options for the 39-week period ended September 27, 2008.  

  

There were 91,501 shares issued as a result of exercises of stock appreciation rights and stock options for the 13-week period ended September 26, 2009.  

  

There were 116,221 shares issued as a result of exercises of stock appreciation rights and stock options for the 39-week period ended September 26, 2009.