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Earnings per Share
6 Months Ended
Jun. 26, 2020
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 EndedSix Months Ended
 June 26,
2020
June 28,
2019
June 26,
2020
June 28,
2019
Net earnings available to common shareholders
$28,832  $88,137  $101,650  $174,886  
Weighted average shares outstanding for basic earnings per share166,663  166,684  167,320  166,150  
Dilutive effect of stock options computed using the treasury stock method and the average market price3,886  5,363  4,276  5,303  
Weighted average shares outstanding for diluted earnings per share170,549  172,047  171,596  171,453  
Basic earnings per share
$0.17  $0.53  $0.61  $1.05  
Diluted earnings per share
$0.17  $0.51  $0.59  $1.02  

Stock options to purchase 2,530,000 and 1,532,000 shares were not included in the June 26, 2020 and June 28, 2019 computations of diluted earnings per share, respectively, because they would have been anti-dilutive.