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Earnings per Share (Tables) | 9 Months Ended
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Sep. 30, 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 |  | Nine Months Ended
| September 30, 2022 |  | September 24, 2021 |  | September 30, 2022 |  | September 24, 2021
Net earnings available to common shareholders | $ | 116,232 |  |  | $ | 103,829 |  |  | $ | 334,453 |  |  | $ | 319,634 |
Weighted average shares outstanding for basic earnings per share | 169,166 |  |  | 169,834 |  |  | 169,368 |  |  | 169,459 |
Dilutive effect of stock options computed using the treasury stock method and the average market price | 3,623 |  |  | 4,940 |  |  | 4,020 |  |  | 4,939 |
Weighted average shares outstanding for diluted earnings per share | 172,789 |  |  | 174,774 |  |  | 173,388 |  |  | 174,398 |
Basic earnings per share | $ | 0.69 |  |  | $ | 0.61 |  |  | $ | 1.97 |  |  | $ | 1.89 |
Diluted earnings per share | $ | 0.67 |  |  | $ | 0.59 |  |  | $ | 1.93 |  |  | $ | 1.83 |

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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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