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Earnings Per Share (Tables)
6 Months Ended
Jul. 03, 2022
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 EndedSix Months Ended
July 3, 2022July 4, 2021July 3, 2022July 4, 2021
Basic weighted average shares outstanding276,267 280,742 276,670 282,422 
Dilutive effect of stock options and restricted stock/RSUs*2,676 1,471 2,712 1,170 
Diluted weighted average shares outstanding278,943 282,213 279,382 283,592 
*    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 1,713 and 1,212 for the three- and six-month periods ended July 3, 2022, and 5,392 and 8,746 for the three- and six-month periods ended July 4, 2021, respectively.