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Earnings Per Share (Tables)
6 Months Ended
Jul. 01, 2018
Earnings Per Share [Abstract]  
Basic and diluted weighted average shares outstanding
Basic and diluted weighted average shares outstanding were as follows (in thousands):
 
Three Months Ended
Six Months Ended
 
July 1, 2018
 
July 2, 2017
July 1, 2018
 
July 2, 2017
Basic weighted average shares
    outstanding
296,153

 
299,790

296,276

 
300,780

Dilutive effect of stock options and
    restricted stock/RSUs*
3,986

 
5,560

4,318

 
5,560

Diluted weighted average shares
    outstanding
300,139

 
305,350

300,594

 
306,340


* Excludes outstanding options to purchase shares of common stock that had exercise prices in excess of the average market price of our common stock during the period and, therefore, the effect of including these options would be antidilutive. These options totaled 3,511 and 2,851 for the three- and six-month periods ended July 1, 2018, and 1,846 and 1,251 for the three- and six-month periods ended July 2, 2017, respectively.