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Net Income Per Share (Tables)
3 Months Ended
Mar. 29, 2025
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
March 29, 2025March 30, 2024
 IncomeSharesPer Share
Amount
Income
Shares(a)
Per Share
 Amount(a)
Basic net income per share:$179,369 531,730 $0.34 $198,167 539,730 $0.37 
Dilutive effect of share-based awards— 2,369 — — 2,908 — 
Diluted net income per share:$179,369 534,099 $0.34 $198,167 542,638 $0.37 

(a) All share and per share amounts have been adjusted to reflect the five-for-one Stock Split effective December 20, 2024.

Anti-dilutive stock awards excluded from the above calculations totaled approximately 0.4 million shares for the fiscal three months ended March 29, 2025 and approximately 1.6 million shares for fiscal three months ended March 30, 2024.