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Earnings per Share (Tables)

3 Months Ended

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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- References

No definition available.

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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

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