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Earnings per Share
6 Months Ended
Jun. 25, 2021
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):
 Three Months EndedSix Months Ended
 June 25,
2021
June 26,
2020
June 25,
2021
June 26,
2020
Net earnings available to common shareholders
$110,118 $28,832 $215,805 $101,650 
Weighted average shares outstanding for basic earnings per share169,594 166,663 169,271 167,320 
Dilutive effect of stock options computed using the treasury stock method and the average market price4,978 3,886 4,939 4,276 
Weighted average shares outstanding for diluted earnings per share174,572 170,549 174,210 171,596 
Basic earnings per share
$0.65 $0.17 $1.27 $0.61 
Diluted earnings per share
$0.63 $0.17 $1.24 $0.59 

Stock options to purchase 737,000 and 2,530,000 shares were not included in the June 25, 2021 and June 26, 2020 computations of diluted earnings per share, respectively, because they would have been anti-dilutive.