Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Detail)

v3.3.1.900
Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
Jan. 02, 2016
 [1],[2]
Oct. 03, 2015
 [1],[2]
Jul. 04, 2015
 [1],[2]
Apr. 04, 2015
 [1],[2]
Jan. 03, 2015
 [2],[3]
Sep. 27, 2014
 [2],[3]
Jun. 28, 2014
 [2],[3]
Mar. 29, 2014
 [2],[3]
Jan. 02, 2016
Jan. 03, 2015
Dec. 28, 2013
Earnings per share - basic:                      
Net income $ 312,209 $ 459,864 $ 170,811 $ 288,709 $ 122,101 $ 470,529 $ 157,682 $ 297,193 $ 1,231,593 [1],[2] $ 1,047,505 [2],[3] $ 1,210,119
Weighted average common shares outstanding                 425,408 432,611 438,657
Earnings per share $ 0.73 [4] $ 1.08 [4] $ 0.40 [4] $ 0.68 [4] $ 0.28 [4] $ 1.09 [4] $ 0.37 [4] $ 0.68 [4] $ 2.90 [1],[2],[4] $ 2.42 [2],[3],[4] $ 2.76
Earnings per share - diluted:                      
Net income $ 312,209 $ 459,864 $ 170,811 $ 288,709 $ 122,101 $ 470,529 $ 157,682 $ 297,193 $ 1,231,593 [1],[2] $ 1,047,505 [2],[3] $ 1,210,119
Weighted average common shares outstanding                 425,408 432,611 438,657
Incremental shares from stock options and other dilutive securities                 6,671 7,542 8,152
Adjusted weighted average common shares outstanding                 432,079 440,153 446,809
Earnings per share $ 0.72 [4] $ 1.07 [4] $ 0.40 [4] $ 0.67 [4] $ 0.28 [4] $ 1.08 [4] $ 0.36 [4] $ 0.67 [4] $ 2.85 [1],[2],[4] $ 2.38 [2],[3],[4] $ 2.71
[1] Intangible asset impairment charges in the fourth quarter of 2015 reduced fourth quarter and full year operating results as follows: operating income - $143.6 million; net income - $97.1 million; and diluted earnings per share - $0.23. In addition, these intangible asset impairment charges reduced fourth quarter and full year 2015 basic earnings per share by $0.23 and $0.22, respectively. See Notes E, F and S.
[2] The fourth quarter and full year 2015 consisted of 13 weeks and 52 weeks, respectively, compared with 14 weeks and 53 weeks in the respective 2014 periods.
[3] Goodwill and intangible asset impairment charges in the fourth quarter of 2014 reduced fourth quarter and full year operating results as follows: operating income - $396.4 million; net income - $306.8 million; basic earnings per share - $0.71; and diluted earnings per share - $0.70. See Notes E, F and S.
[4] Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding and rounding.