Earnings per Share (Tables)

3 Months Ended

Mar. 26, 2021

Earnings Per Share [Abstract]

Computation of Basic and Diluted EPS

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

	Three Months Ended
	March 26, 2021		March 27, 2020
Net earnings available to common shareholders	$	105,687	$	72,818
Weighted average shares outstanding for basic earnings per share	168,948		167,977
Dilutive effect of stock options computed using the treasury stock method and the average market price	4,900		4,665
Weighted average shares outstanding for diluted earnings per share	173,848		172,642
Basic earnings per share	$	0.63	$	0.43
Diluted earnings per share	$	0.61	$	0.42