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Earnings per Share (Tables)
 3 Months Ended
Mar. 27, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted EPS

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):
 
Three Months Ended
 
March 27,
2020
 
March 29,
2019
Net earnings available to common shareholders
$
72,818

 
$
86,749

Weighted average shares outstanding for basic earnings per share
167,977

 
165,616

Dilutive effect of stock options computed using the treasury stock method and the average market price
4,665

 
5,243

Weighted average shares outstanding for diluted earnings per share
172,642

 
170,859

Basic earnings per share
$
0.43

 
$
0.52

Diluted earnings per share
$
0.42

 
$
0.51