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Net Income Per Share
3 Months Ended
Mar. 26, 2022
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 Ended
March 26, 2022March 27, 2021
 IncomeSharesPer Share
Amount
IncomeSharesPer Share
 Amount
Basic net income per share:$187,227 112,531 $1.66 $181,354 116,153 $1.56 
Dilutive effect of share-based awards— 973 (0.01)— 1,074 (0.01)
Diluted net income per share:$187,227 113,504 $1.65 $181,354 117,227 $1.55 

Anti-dilutive stock awards excluded from the above calculations totaled less than 0.1 million and approximately 0.2 million shares for the fiscal three months ended March 26, 2022 and March 27, 2021, respectively.