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Earnings per Share
 12 Months Ended
Dec. 29, 2023
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):
202320222021
Net earnings available to common shareholders$506,511 $460,645 $439,866 
Weighted average shares outstanding for basic earnings per share168,442 168,952 169,635 
Dilutive effect of stock options computed based on the treasury stock method using the average market price3,757 3,941 4,891 
Weighted average shares outstanding for diluted earnings per share172,199 172,893 174,526 
Basic earnings per share$3.01 $2.73 $2.59 
Diluted earnings per share$2.94 $2.66 $2.52 

Anti-dilutive stock options excluded from computations of diluted earnings per share totaled 2.0 million shares in 2023, 2.2 million shares in 2022 and 0.4 million 2021.