Earnings Per Share (Tables)

3 Months Ended

Apr. 01, 2018

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
	April 1, 2018		March 26, 2017
Numerator:
Net income used in computing basic and diluted earnings per share	$	174,763	$	186,369
Denominator:
Denominator for basic earnings per share - weighted-average common shares	168,139		176,001
Effect of dilutive securities - employee stock compensation plan	1,035		1,069
Denominator for diluted earnings per share - adjusted weighted-average shares outstanding	169,174		177,070
Earnings per common share:
Basic	$	1.04	$	1.06
Diluted	$	1.03	$	1.05