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Earnings per Share | 9 Months Ended
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Sep. 27, 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 |  | Nine Months Ended
| September 27, 2024 |  | September 29, 2023 |  | September 27, 2024 |  | September 29, 2023
Net earnings available to common shareholders | $ | 122,197 |  |  | $ | 133,123 |  |  | $ | 377,376 |  |  | $ | 396,557 |
Weighted average shares outstanding for basic earnings per share | 168,810 |  |  | 169,005 |  |  | 168,800 |  |  | 168,569 |
Dilutive effect of stock options computed using the treasury stock method and the average market price | 3,301 |  |  | 3,775 |  |  | 3,548 |  |  | 3,767 |
Weighted average shares outstanding for diluted earnings per share | 172,111 |  |  | 172,780 |  |  | 172,348 |  |  | 172,336 |
Basic earnings per share | $ | 0.72 |  |  | $ | 0.79 |  |  | $ | 2.24 |  |  | $ | 2.35 |
Diluted earnings per share | $ | 0.71 |  |  | $ | 0.77 |  |  | $ | 2.19 |  |  | $ | 2.30 |
Anti-dilutive shares not included in diluted earnings per share computation | 1,154 |  |  | 1,200 |  |  | 3,293 |  |  | 2,033 |

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