Third Quarters Ended

Nine Months Ended

April 2,

April 3,

April 2,

April 3,

2022

2021

2022

2021

(Thousands, except per share data)

Numerator:

Net income

$

183,417

$

107,484

$

445,556

$

107,759

Denominator:

Weighted average common shares for basic earnings per share

98,659

99,542

99,113

99,125

Net effect of dilutive stock-based compensation awards

827

705

1,183

888

Weighted average common shares for diluted earnings per share

99,486

100,247

100,296

100,013

Basic earnings per share

$

1.86

$

1.08

$

4.50

$

1.09

Diluted earnings per share

$

1.84

$

1.07

$

4.44

$

1.08

Stock options excluded from earnings per share calculation due to anti-dilutive effect

263

642

311

793