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Earnings per Share (Tables) | 3 Months Ended
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Mar. 26, 2021
Earnings Per Share [Abstract] |
Computation of Basic and Diluted EPS | The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):
|  |  | Three Months Ended
|  |  |  |  | March 26, 2021 |  | March 27, 2020
Net earnings available to common shareholders |  |  |  |  | $ | 105,687 |  |  | $ | 72,818 |
Weighted average shares outstanding for basic earnings per share |  |  |  |  | 168,948 |  |  | 167,977 |
Dilutive effect of stock options computed using the treasury stock method and the average market price |  |  |  |  | 4,900 |  |  | 4,665 |
Weighted average shares outstanding for diluted earnings per share |  |  |  |  | 173,848 |  |  | 172,642 |
Basic earnings per share |  |  |  |  | $ | 0.63 |  |  | $ | 0.43 |
Diluted earnings per share |  |  |  |  | $ | 0.61 |  |  | $ | 0.42 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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