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Earnings per Share
12 Months Ended
Dec. 30, 2022
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):
202220212020
Net earnings available to common shareholders$460,645 $439,866 $330,456 
Weighted average shares outstanding for basic earnings per share168,952 169,635 167,462 
Dilutive effect of stock options computed based on the treasury stock method using the average market price3,941 4,891 4,546 
Weighted average shares outstanding for diluted earnings per share172,893 174,526 172,008 
Basic earnings per share$2.73 $2.59 $1.97 
Diluted earnings per share$2.66 $2.52 $1.92 

Anti-dilutive stock options excluded from computations of diluted earnings per share totaled 2.2 million shares in 2022, 0.4 million shares in 2021 and 0.3 million 2020.