Earnings per Share

6 Months Ended

Jun. 30, 2023

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):


	Three Months Ended				Six Months Ended
	June 30, 2023		July 1, 2022		June 30, 2023		July 1, 2022
Net earnings available to common shareholders	$	134,268	$	117,378	$	263,434	$	218,221
Weighted average shares outstanding for basic earnings per share	168,683		169,128		168,351		169,469
Dilutive effect of stock options computed using the treasury stock method and the average market price	3,868		3,570		3,763		4,219
Weighted average shares outstanding for diluted earnings per share	172,551		172,698		172,114		173,688
Basic earnings per share	$	0.80	$	0.69	$	1.56	$	1.29
Diluted earnings per share	$	0.78	$	0.68	$	1.53	$	1.26

Anti-dilutive shares not included in diluted earnings per share computation	1,868		1,632		2,206		1,625