Earnings per Share

3 Months Ended

Mar. 29, 2019

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):



	Three Months Ended
	March 29, 2019		March 30, 2018
Net earnings available to common shareholders	$	86,749	$	85,510
Weighted average shares outstanding for basic earnings per share	165,616		169,073
Dilutive effect of stock options computed using the treasury stock method and the average market price	5,243		6,576
Weighted average shares outstanding for diluted earnings per share	170,859		175,649
Basic earnings per share	$	0.52	$	0.51
Diluted earnings per share	$	0.51	$	0.49

Stock options to purchase 1,681,000 and 1,020,000 shares were not included in the March 29, 2019 and March 30, 2018 computations of diluted earnings per share, respectively, because they would have been anti-dilutive.