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Weighted-Average Shares
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Weighted-Average Shares
Weighted-Average Shares
Weighted-average shares were calculated as follows (in thousands):
 
Three-months Ended
 
March 31, 2019
 
April 1, 2018
Basic weighted-average common shares outstanding
171,098

 
173,280

Effect of dilutive stock options
4,509

 
6,361

Weighted-average common and common-equivalent shares outstanding
175,607

 
179,641


Stock options to purchase 4,832,000 and 1,339,000 shares of common stock, on a weighted-average basis, were outstanding during the three-month periods ended March 31, 2019 and April 1, 2018, respectively, but were not included in the calculation of dilutive net income per share because they were anti-dilutive.