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Net Income Per Share
12 Months Ended
Dec. 28, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
Net income per share is calculated as follows (in thousands, except per share amounts):
Fiscal Year
 2024
 
Net
Income
Shares
Per Share
Amount
Basic net income per share:$1,101,240 536,949 $2.05 
Dilutive effect of share-based awards— 2,703 (0.01)
Diluted net income per share:$1,101,240 539,652 $2.04 

Fiscal Year
 2023
 
Net
Income
Shares (a)
Per Share
Amount (a)
Basic net income per share:$1,107,226 545,480 $2.03 
Dilutive effect of share-based awards— 3,249 (0.01)
Diluted net income per share:$1,107,226 548,729 $2.02 

(a) All share and per share amounts have been adjusted to reflect the five-for-one Stock Split effective December 20, 2024 as discussed in Note 1.
Fiscal Year
 2022
 
Net
Income
Shares (a)
Per Share
Amount (a)
Basic net income per share:$1,088,712 556,681 $1.96 
Dilutive effect of share-based awards— 4,062 (0.02)
Diluted net income per share:$1,088,712 560,743 $1.94 

(a) All share and per share amounts have been adjusted to reflect the five-for-one Stock Split as discussed in Note 1.
Anti-dilutive share-based awards excluded from the above calculations totaled approximately 0.9 million fiscal 2024, approximately 1.2 million in fiscal 2023 and approximately 0.7 million fiscal 2022.