Net Income (Loss) per Share (Tables)

3 Months Ended

Apr. 01, 2023

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:

	Quarter Ended
(thousands except per share data)	April 1, 2023		April 2, 2022
Net income attributable to shareholders	$	273,750	$	364,749
Weighted-average shares outstanding - basic	58,731		67,840
Net effect of various dilutive stock-based compensation awards	748		909
Weighted-average shares outstanding - diluted	59,479		68,749
Net income per share:
Basic	$	4.66	$	5.38
Diluted (a)	$	4.60	$	5.31

(a)Stock-based compensation awards for the issuance of 127.6 thousand and 86.0 thousand shares for the first quarter of 2023 and 2022, respectively, were excluded from the computation of net income per share on a diluted basis as their effect was anti-dilutive.