Earnings Per Share (Tables)

9 Months Ended

Oct. 01, 2022

Earnings Per Share [Abstract]

Earnings Per Share Reconciliation

Basic and diluted EPS calculations are detailed as follows (in thousands, except per share data):

	Three Months Ended October 1, 2022
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount
Net income per basic common share	$	155,998		59,801	$	2.61
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		280		(0.01	)
Net income per diluted common share	$	155,998		60,081	$	2.60

	Three Months Ended October 2, 2021
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount
Net income per basic common share	$	161,185		61,359	$	2.63
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		529		(0.03	)
Net income per diluted common share	$	161,185		61,888	$	2.60

	Nine Months Ended October 1, 2022
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount
Net income per basic common share	$	480,693		60,200	$	7.98
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		321		(0.04	)
Net income per diluted common share	$	480,693		60,521	$	7.94

	Nine Months Ended October 2, 2021
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount
Net income per basic common share	$	476,604		61,771	$	7.72
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		473		(0.06	)
Net income per diluted common share	$	476,604		62,244	$	7.66