Earnings Per Share (Tables)

6 Months Ended

Jun. 25, 2017

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share Basic and Diluted

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 25, 2017		June 26, 2016		June 25, 2017		June 26, 2016
Numerator:
Net income used in computing basic and diluted earnings per share	$	258,867	$	280,431	$	445,236	$	530,920
Denominator:
Denominator for basic earnings per share - weighted-average common shares	174,409		180,587		175,178		181,976
Effect of dilutive securities - employee stock compensation plan	915		752		992		764
Denominator for diluted earnings per share - adjusted weighted-average shares outstanding	175,324		181,339		176,170		182,740
Earnings per common share:
Basic	$	1.48	$	1.55	$	2.54	$	2.92
Diluted	$	1.48	$	1.55	$	2.53	$	2.91