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Net Income Per Share (Tables)
6 Months Ended
Jul. 01, 2023
Earnings Per Share [Abstract]  
Net Income Per Share Net income per share is calculated as follows (in thousands, except per share amounts):
 Fiscal Three Months Ended
July 1, 2023June 25, 2022
 IncomeSharesPer Share
Amount
IncomeSharesPer Share
 Amount
Basic net income per share:$421,234 109,426 $3.85 $396,478 111,590 $3.55 
Dilutive effect of share-based awards— 615 (0.02)— 728 (0.02)
Diluted net income per share:$421,234 110,041 $3.83 $396,478 112,318 $3.53 

 Fiscal Six Months Ended
July 1, 2023June 25, 2022
 IncomeSharesPer Share
Amount
IncomeSharesPer Share
 Amount
Basic net income per share:$604,322 109,735 $5.51 $583,705 112,060 $5.21 
Dilutive effect of share-based awards— 676 (0.04)— 851 (0.04)
Diluted net income per share:$604,322 110,411 $5.47 $583,705 112,911 $5.17 
Anti-dilutive stock awards excluded from the above calculations totaled approximately 0.2 million shares for each of the fiscal three months ended July 1, 2023 and June 25, 2022. Anti-dilutive stock awards excluded from the above calculations totaled approximately 0.2 million share for the fiscal six months ended July 1, 2023 and approximately 0.1 million shares for the fiscal six months ended June 25, 2022.