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Earnings per Share (Tables) | 3 Months Ended
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Apr. 01, 2022
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
|  |  |  |  | April 1, 2022 |  | March 26, 2021
Net earnings available to common shareholders |  |  |  |  | $ | 100,843 |  |  | $ | 105,687 |
Weighted average shares outstanding for basic earnings per share |  |  |  |  | 169,809 |  |  | 168,948 |
Dilutive effect of stock options computed using the treasury stock method and the average market price |  |  |  |  | 4,869 |  |  | 4,900 |
Weighted average shares outstanding for diluted earnings per share |  |  |  |  | 174,678 |  |  | 173,848 |
Basic earnings per share |  |  |  |  | $ | 0.59 |  |  | $ | 0.63 |
Diluted earnings per share |  |  |  |  | $ | 0.58 |  |  | $ | 0.61 |

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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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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