Earnings per Share (Tables)

9 Months Ended

Sep. 25, 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				Nine 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 share	167,102		166,848		167,248		166,383
Dilutive effect of stock options computed using the treasury stock method and the average market price	4,551		4,929		4,367		5,178
Weighted average shares outstanding for diluted earnings per share	171,653		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