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Earnings Per Share (Tables)
9 Months Ended
Sep. 29, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share
Net earnings per share data for the quarters and nine months ended September 29, 2019 and September 30, 2018 were computed as follows:
 
2019
 
2018
Quarter
Basic
 
Diluted
 
Basic
 
Diluted
Net earnings
$
212,949

 
212,949

 
263,861

 
263,861

 
 
 
 
 
 
 
 
Average shares outstanding
126,453

 
126,453

 
127,161

 
127,161

Effect of dilutive securities:
 
 
 
 
 
 
 
Options and other share-based awards

 
751

 

 
731

Equivalent Shares
126,453

 
127,204

 
127,161

 
127,892

 
 
 
 
 
 
 
 
Net earnings per common share
$
1.68

 
1.67

 
2.08

 
2.06


 
2019
 
2018
Nine Months
Basic
 
Diluted
 
Basic
 
Diluted
Net earnings
$
253,109

 
253,109

 
211,668

 
211,668

 
 
 
 
 
 
 
 
Average shares outstanding
126,356

 
126,356

 
125,982

 
125,982

Effect of dilutive securities:
 
 
 
 
 
 
 
Options and other share-based awards

 
600

 

 
792

Equivalent Shares
126,356

 
126,956

 
125,982

 
126,774

 
 
 
 
 
 
 
 
Net earnings per common share
$
2.00

 
1.99

 
1.68

 
1.67