Earnings Per Share (Tables)

6 Months Ended

Jun. 26, 2022

Earnings Per Share [Abstract]

Schedule of Reconciliation of Earnings Per Share Basic and Diluted

The computation of basic and diluted earnings per share was as follows (in thousands, except per share amounts):

	Three months ended				Six months ended
	June 26, 2022		June 27, 2021		June 26, 2022		June 27, 2021
Net income	$	215,849	$	206,340	$	438,351	$	465,484
Basic weighted-average shares outstanding	147,211		153,748		149,936		153,616
Effect of dilutive securities – employee stock compensation plan	624		1,345		876		1,178
Diluted weighted-average shares outstanding	147,835		155,093		150,812		154,794
Net earnings per share:
Basic	$	1.47	$	1.34	$	2.92	$	3.03
Diluted	$	1.46	$	1.33	$	2.91	$	3.01