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Earnings Per Share
6 Months Ended
Jun. 29, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
10 Earnings Per Share
Basic and diluted EPS calculations are detailed as follows (in thousands, except per share data):
                         
 
Three Months Ended June 29, 2019
 
 
Net Income
   
Weighted-
Average Shares
   
Per Share
 
 
(Numerator)
   
(Denominator)
   
Amount
 
Net income per basic common share
  $
144,410
     
68,989
    $
2.09
 
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
   
—  
     
505
     
(0.01
)
                         
Net income per diluted common share
  $
144,410
     
69,494
    $
2.08
 
                         
       
 
Three Months Ended June 30, 2018
 
 
Net Income
   
Weighted-
Average Shares
   
Per Share
 
 
(Numerator)
   
(Denominator)
   
Amount
 
Net income per basic common share
  $
155,677
     
77,833
    $
2.00
 
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
   
—  
     
605
     
(0.02
)
                         
Net income per diluted common share
  $
155,677
     
78,438
    $
1.98
 
                         
       
 
Six Months Ended June 29, 2019
 
 
Net Income
   
Weighted-
Average Shares
   
Per Share
 
 
(Numerator)
   
(Denominator)
   
Amount
 
Net income per basic common share
  $
253,396
     
70,331
    $
3.60
 
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
   
—  
     
573
     
(0.03
)
                         
Net income per diluted common share
  $
253,396
     
70,904
    $
3.57
 
                         
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2018
 
 
Net Income
   
Weighted-
Average Shares
   
Per Share
 
 
(Numerator)
   
(Denominator)
   
Amount
 
Net income per basic common share
  $
267,628
     
78,330
    $
3.42
 
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
   
—  
     
711
     
(0.03
)
                         
Net income per diluted common share
  $
267,628
     
79,041
    $
3.39
 
                         
 
 
For both the three and six months ended June 29, 2019 and the three and six months ended June 30, 2018, the Company had 0.1 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.