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Net Income Per Share
12 Months Ended
Dec. 29, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The calculation of basic and diluted net income per share was as follows:
Year Ended
202420232022
Net income$194,357 $204,440 $177,370 
Common stock:
Weighted average basic shares outstanding204,351 209,486 213,766 
Dilutive effect of stock options and restricted shares1,263 2,048 2,073 
Weighted average diluted shares outstanding205,614 211,534 215,839 
Net income per share:
Basic$.95 $.98 $.83 
Diluted$.95 $.97 $.82 
Basic net income per share for 2024, 2023 and 2022 was computed by dividing net income amounts by the weighted average number of shares of common stock outstanding. Diluted net income per share was computed by dividing net income by the weighted average number of basic shares outstanding plus the potential common share effect of dilutive stock options and restricted shares. We excluded potential common shares of 7,845, 5,377 and 4,443 for 2024, 2023 and 2022, respectively, from our diluted net income per share calculation as they would have had anti-dilutive effects.