Weighted-Average Shares

9 Months Ended

Sep. 29, 2019

Earnings Per Share [Abstract]

Weighted-Average Shares

Weighted-Average Shares

Weighted-average shares were calculated as follows (in thousands):

	Three-months Ended		Nine-months Ended
	September 29, 2019	September 30, 2018	September 29, 2019	September 30, 2018
Basic weighted-average common shares outstanding	170,744	172,189	171,053	172,613
Effect of dilutive equity awards	3,705	5,056	4,111	5,408
Weighted-average common and common-equivalent shares outstanding	174,449	177,245	175,164	178,021

Equity awards to purchase 6,078,000 and 5,695,000 shares of common stock, on a weighted-average basis, were outstanding during the three-month and nine-month periods ended September 29, 2019, respectively, and 2,796,000 and 2,353,000 for the same periods in 2018, but were not included in the calculation of dilutive net income per share because they were anti-dilutive.