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Earnings Per Share (Tables)
6 Months Ended
Jul. 02, 2023
Earnings Per Share [Abstract]  
Basic and diluted weighted average shares outstanding
Basic and diluted weighted average shares outstanding were as follows (in thousands):
Three Months EndedSix Months Ended
July 2, 2023July 3, 2022July 2, 2023July 3, 2022
Basic weighted average shares outstanding273,137 276,267 273,570 276,670 
Dilutive effect of stock options and restricted stock/RSUs*1,950 2,676 2,266 2,712 
Diluted weighted average shares outstanding275,087 278,943 275,836 279,382 
*    Excludes outstanding options to purchase shares of common stock that had exercise prices in excess of the average market price of our common stock during the period and, therefore, the effect of including these options would be antidilutive. These options totaled 4,468 and 3,925 for the three- and six-month periods ended July 2, 2023, and 1,713 and 1,212 for the three- and six-month periods ended July 3, 2022, respectively.