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Earnings Per Share
 9 Months Ended
Sep. 27, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The computation of basic and diluted earnings per share was as follows (in thousands, except per share amounts):
 Three months endedNine months ended
September 27,
2020		September 29,
2019		September 27,
2020		September 29,
2019
Net income$120,218 $86,563 $97,696 $410,139 
Basic weighted-average shares outstanding153,252 156,239 153,153 158,117 
Effect of dilutive securities – employee stock compensation plan
663 705 637 677 
Diluted weighted-average shares outstanding153,915 156,944 153,790 158,794 
Net earnings per share:
Basic$0.78 $0.55 $0.64 $2.59 
Diluted$0.78 $0.55 $0.64 $2.58 
Shares of common stock related to share-based compensation that were not included in the effect of dilutive securities because the effect would have been anti-dilutive include 1.3 million and 1.1 million shares for the three months ended September 27, 2020 and September 29, 2019, respectively, and 1.6 million and 1.2 million shares for the nine months ended September 27, 2020 and September 29, 2019, respectively.