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Earnings Per Share | 9 Months Ended
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Sep. 26, 2020
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 September 26, 2020 |
|  | Net Income |  |  | Weighted- Average Shares |  |  | Per Share |
|  | (Numerator) |  |  | (Denominator) |  |  | Amount |
Net income per basic common share |  | $ | 126,769 |  |  |  | 62,002 |  |  | $ | 2.04 |
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities |  |  | — |  |  |  | 301 |  |  |  | (0.01 | )
Net income per diluted common share |  | $ | 126,769 |  |  |  | 62,303 |  |  | $ | 2.03 |
|  | Three Months Ended September 28, 2019 |
|  | Net Income |  |  | Weighted- Average Shares |  |  | Per Share |
|  | (Numerator) |  |  | (Denominator) |  |  | Amount |
Net income per basic common share |  | $ | 138,133 |  |  |  | 66,226 |  |  | $ | 2.09 |
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities |  |  | — |  |  |  | 542 |  |  |  | (0.02 | )
Net income per diluted common share |  | $ | 138,133 |  |  |  | 66,768 |  |  | $ | 2.07 |
|  | Nine Months Ended September 26, 2020 |
|  | Net Income |  |  | Weighted- Average Shares |  |  | Per Share |
|  | (Numerator) |  |  | (Denominator) |  |  | Amount |
Net income per basic common share |  | $ | 303,260 |  |  |  | 62,057 |  |  | $ | 4.89 |
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities |  |  | — |  |  |  | 314 |  |  |  | (0.03 | )
Net income per diluted common share |  | $ | 303,260 |  |  |  | 62,371 |  |  | $ | 4.86 |
|  | Nine Months Ended September 28, 2019 |
|  | Net Income |  |  | Weighted- Average Shares |  |  | Per Share |
|  | (Numerator) |  |  | (Denominator) |  |  | Amount |
Net income per basic common share |  | $ | 391,529 |  |  |  | 68,952 |  |  | $ | 5.68 |
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities |  |  | — |  |  |  | 581 |  |  |  | (0.05 | )
Net income per diluted common share |  | $ | 391,529 |  |  |  | 69,533 |  |  | $ | 5.63 |
For the three and nine months ended September 26, 2020, the Company had 0.4 million and 0.5 million stock options, respectively, that were antidilutive due to having higher exercise prices than the Company’s average stock price during the period. For both the three and nine months ended September 28, 2019, the Company had 0.1 million stock options that were antidilutive. These securities were not included in the computation of diluted EPS. The effect of dilutive securities was calculated using the treasury stock method.

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