Net Income (Loss) per Share (Tables)

9 Months Ended

Oct. 02, 2021

Earnings Per Share [Abstract]

Schedule of Earnings (Losses) Per Share, Basic and Diluted [Table Text Block]

The following table presents the computation of net income per share on a basic and diluted basis (shares in thousands):

	Quarter Ended				Nine Months Ended
	October 2, 2021		September 26, 2020		October 2, 2021		September 26, 2020
Net income attributable to shareholders	$	290,027	$	166,060	$	736,989	$	348,367
Weighted-average shares outstanding - basic	71,671		77,390		73,426		78,807
Net effect of various dilutive stock-based compensation awards	900		696		887		597
Weighted-average shares outstanding - diluted	72,571		78,086		74,313		79,404
Net income per share:
Basic	$	4.05	$	2.15	$	10.04	$	4.42
Diluted (a)	$	4.00	$	2.13	$	9.92	$	4.39

(a)Stock-based compensation awards for the issuance of 3,300 and 2,586 shares for the third quarter and first nine months of 2021 and 1,267 and 1,456 shares for the third quarter and first nine months of 2020, respectively, were excluded from the computation of net income per share on a diluted basis as their effect was anti-dilutive.