B757 FLT CREW REPORTS BIRD STRIKE SHORTLY AFTER TKOF CAUSING ENGINE FAILURE. EMERGENCY DECLARED WITH OVERWEIGHT LANDING AT DEPARTURE ARPT.

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ON TKOF AT 1000 FT RETRACTED FLAPS FROM 5 DEGS TO 1 DEG IN THE TURN ON THE DEP; CAPT FLYING. FO SAW A WHITE OBJECT COME INTO VIEW IN THE LIGHTS WITH AN IMMEDIATE IMPACT ON THE R ENG. R ENG EXPERIENCED COMPRESSOR STALL AND NOTICEABLE LOW OF THRUST. WE LOWERED THE NOSE AND ACCELERATED; DECLARED ENG FAILURE AND NOTIFIED ATC AND ROLLED OUT ON HDG TO STRAIGHT AHEAD OVER THE WATER. ENG WAS BROUGHT BACK TO IDLE AND ALL INDICATIONS STABILIZED. NO PARAMETERS WERE EXCEEDED OR NOTICED. WE DECLARED AN EMER WITH DEP AND ACCEPTED A TURN AT 2000 FT; RAN THE CHKLISTS AND CLEANED UP THE ACFT. WITH THE ENG STABILIZED WE ELECTED TO KEEP THE ENG RUNNING RATHER THAN SHUT IT DOWN. ATC WAS OUTSTANDING WITH SUPPORT AND GAVE US A 15 NM FINAL TO RUN OUR CHKS FOR AN ILS APCH. WX WAS CLR WITH LIGHT WINDS. WE ADVISED THE FLT ATTENDANTS AND PAX. DISCUSSED AND BRIEFED SINGLE APCH/LNDG AND GAR PROCS. OVERWT LNDG ENSUED. UNEVENTFUL LNDG BUT VERY SOFT TO ACCOMMODATE OVERWT LNDG. UPON EXITING RWY WE SHUT DOWN THE R ENG AND CANCELED ASSISTANCE WITH THE EMER CREWS. LANDED 14 MINS AFTER TKOF. TAXIED TO THE GATE WITH GND CREWS FOLLOWING. ENG SHOWED CONSIDERABLE DAMAGE IN FAN BLADES AND COWLING ON INSPECTION. NOTE: FLT ATTENDANTS CALLED US SOON AFTER THE IMPACT. I DEBRIEFED THEM THAT WE WERE IN THE STERILE COCKPIT AND ASSURED THEM THAT WE WERE GOING TO CALL. I ASKED THEM WHY AND THEY SAID THEY SAW FIRE (AT IMPACT AND FROM PAX OBSERVING). I AGREED WITH THEM THAT WAS A GOOD REASON SINCE WE MAY NOT HAVE KNOWN. IT COULD HAVE BEEN WORSE THAN WE THOUGHT UP FRONT.