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Earnings per Share (Tables)

12 Months Ended

Dec. 29, 2023

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

			2023						2022						2021
Net earnings available to common shareholders			$	506,511					$	460,645					$	439,866
Weighted average shares outstanding for basic earnings per share			168,442						168,952						169,635
Dilutive effect of stock options computed based on the treasury stock method using the average market price			3,757						3,941						4,891
Weighted average shares outstanding for diluted earnings per share			172,199						172,893						174,526
Basic earnings per share			$	3.01					$	2.73					$	2.59
Diluted earnings per share			$	2.94					$	2.66					$	2.52

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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
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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