Earnings Per Share (Tables)

9 Months Ended

Sep. 24, 2017

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share Basic and Diluted

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

	Three months ended				Nine months ended
	September 24, 2017		September 25, 2016		September 24, 2017		September 25, 2016
Numerator:
Net income used in computing basic and diluted earnings per share	$	68,209	$	114,065	$	513,445	$	644,985
Denominator:
Denominator for basic earnings per share - weighted-average common shares	169,850		178,438		173,362		180,779
Effect of dilutive securities - employee stock compensation plan	838		882		941		803
Denominator for diluted earnings per share - adjusted weighted-average shares outstanding	170,688		179,320		174,303		181,582
Earnings per common share:
Basic	$	0.40	$	0.64	$	2.96	$	3.57
Diluted	$	0.40	$	0.64	$	2.95	$	3.55