Earnings Per Share (Tables)

9 Months Ended

Sep. 25, 2016

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share Basic and Diluted

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

	Three months ended				Nine months ended
	September 25, 2016		September 27, 2015		September 25, 2016		September 27, 2015
Numerator:
Net income used in computing basic and diluted earnings per share	$	114,065	$	140,347	$	644,985	$	710,011
Denominator:
Denominator for basic earnings per share - weighted-average common shares	178,438		203,598		180,779		207,255
Effect of dilutive securities - employee stock compensation plan	882		982		803		1,027
Denominator for diluted earnings per share - adjusted weighted-average shares outstanding	179,320		204,580		181,582		208,282
Earnings per common share:
Basic	$	0.64	$	0.69	$	3.57	$	3.43
Diluted	$	0.64	$	0.69	$	3.55	$	3.41