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Earnings Per Share (Tables)
12 Months Ended
Dec. 26, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:

 

 

 

Fiscal Year Ended

 

 

 

December 26, 2020

 

 

December 28, 2019

 

 

December 29, 2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator for basic and diluted net income per share - net income

 

$

992,324

 

 

$

952,486

 

 

$

694,080

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic net income per share – weighted-average common shares

 

 

191,085

 

 

 

189,931

 

 

 

188,635

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive equity awards

 

 

810

 

 

 

968

 

 

 

1,099

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for diluted net income per share – adjusted weighted-average common shares

 

 

191,895

 

 

 

190,899

 

 

 

189,734

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

5.19

 

 

$

5.01

 

 

$

3.68

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per share

 

$

5.17

 

 

$

4.99

 

 

$

3.66