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Earnings Per Share (Tables)
9 Months Ended
Oct. 02, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Reconciliation
Basic and diluted EPS calculations are detailed as follows (in thousands, except per share data):
 
    
Three Months Ended October 2, 2021
 
    
Net Income
    
Weighted-
Average Shares
    
Per Share
 
    
(Numerator)
    
(Denominator)
    
Amount
 
Net income per basic common share
   $ 161,185        61,359      $ 2.63  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —          529        (0.03
    
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 161,185        61,888      $ 2.60  
    
 
 
    
 
 
    
 
 
 
    
Three Months Ended September 26, 2020
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
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  
    
 
 
    
 
 
    
 
 
 
 
    
Nine Months Ended October 2, 2021
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
Amount
 
Net income per basic common share
   $ 476,604        61,771      $ 7.72  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —          473        (0.06
    
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 476,604        62,244      $ 7.66  
    
 
 
    
 
 
    
 
 
 
 
    
Nine Months Ended September 26, 2020
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
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