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Net Income Per Share
9 Months Ended
Sep. 26, 2020
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share:
The Company presents both basic and diluted net income per share on the Condensed Consolidated Statements of Income.  Basic net income per share is calculated by dividing net income by the weighted average number of shares outstanding during the period.  Diluted net income per share is calculated by dividing net income by the weighted average diluted shares outstanding during the period. Dilutive shares are computed using the treasury stock method for share-based awards. Performance-based restricted share units are included in diluted shares only if the related performance conditions are considered satisfied as of the end of the reporting period. Net income per share is calculated as follows (in thousands, except per share amounts):
 Fiscal Three Months EndedFiscal Three Months Ended
September 26, 2020September 28, 2019
 IncomeSharesPer Share
Amount
IncomeSharesPer Share
 Amount
Basic net income per share:$190,610 116,339 $1.64 $122,133 118,956 $1.03 
Dilutive effect of share-based awards— 1,406 (0.02)— 1,102 (0.01)
Diluted net income per share:$190,610 117,745 $1.62 $122,133 120,058 $1.02 


Fiscal Nine Months EndedFiscal Nine Months Ended
September 26, 2020September 28, 2019
IncomeSharesPer Share
Amount
IncomeSharesPer Share
 Amount
Basic net income per share:$613,065 116,330 $5.27 $418,175 120,180 $3.48 
Dilutive effect of share-based awards— 1,000 (0.04)— 1,059 (0.03)
Diluted net income per share:$613,065 117,330 $5.23 $418,175 121,239 $3.45 

Anti-dilutive stock awards excluded from the above calculations totaled less than 0.1 million and approximately 0.3 million shares for the fiscal three months ended September 26, 2020 and September 28, 2019, respectively, and less than 0.1 million and approximately 0.4 million shares for the fiscal nine months ended September 26, 2020 and September 28, 2019, respectively.