Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

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
	March 31, 2019		April 1, 2018
Numerator:
Net income used in computing basic and diluted earnings per share	$	127,945	$	174,763
Denominator:
Denominator for basic earnings per share - weighted-average common shares	159,311		168,139
Effect of dilutive securities - employee stock compensation plan	715		1,035
Denominator for diluted earnings per share - adjusted weighted-average shares outstanding	160,026		169,174
Earnings per common share:
Basic	$	0.80	$	1.04
Diluted	$	0.80	$	1.03