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Earnings per Share (Tables)

9 Months Ended

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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- 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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