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Earnings per Share | 6 Months Ended
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Jun. 28, 2024
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):
| Three Months Ended |  | Six Months Ended
| June 28, 2024 |  | June 30, 2023 |  | June 28, 2024 |  | June 30, 2023
Net earnings available to common shareholders | $ | 132,978 |  |  | $ | 134,268 |  |  | $ | 255,177 |  |  | $ | 263,434 |
Weighted average shares outstanding for basic earnings per share | 169,100 |  |  | 168,683 |  |  | 168,795 |  |  | 168,351 |
Dilutive effect of stock options computed using the treasury stock method and the average market price | 3,386 |  |  | 3,868 |  |  | 3,671 |  |  | 3,763 |
Weighted average shares outstanding for diluted earnings per share | 172,486 |  |  | 172,551 |  |  | 172,466 |  |  | 172,114 |
Basic earnings per share | $ | 0.79 |  |  | $ | 0.80 |  |  | $ | 1.51 |  |  | $ | 1.56 |
Diluted earnings per share | $ | 0.77 |  |  | $ | 0.78 |  |  | $ | 1.48 |  |  | $ | 1.53 |
Anti-dilutive shares not included in diluted earnings per share computation | 1,199 |  |  | 1,868 |  |  | 2,139 |  |  | 2,206 |

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