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Earnings per Share
9 Months Ended
Sep. 25, 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 EndedNine Months Ended
 September 25,
2020
September 27,
2019
September 25,
2020
September 27,
2019
Net earnings available to common shareholders
$114,115 $84,132 $215,765 $259,018 
Weighted average shares outstanding for basic earnings per share167,102 166,848 167,248 166,383 
Dilutive effect of stock options computed using the treasury stock method and the average market price4,551 4,929 4,367 5,178 
Weighted average shares outstanding for diluted earnings per share171,653 171,777 171,615 171,561 
Basic earnings per share
$0.68 $0.50 $1.29 $1.56 
Diluted earnings per share
$0.66 $0.49 $1.26 $1.51 

Stock options to purchase 1,281,000 and 802,000 shares were not included in the September 25, 2020 and September 27, 2019 computations of diluted earnings per share, respectively, because they would have been anti-dilutive.