XML 25 R14.htm IDEA: XBRL DOCUMENT v3.22.2.2
Earnings Per Share
 9 Months Ended
Sep. 25, 2022
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 25,
2022		September 26,
2021		September 25,
2022		September 26,
2021
Net income$261,186 $162,973 $699,537 $628,457 
Basic weighted-average shares outstanding146,217 153,863 148,673 153,700 
Effect of dilutive securities – employee stock compensation plan
856 1,254 862 1,203 
Diluted weighted-average shares outstanding147,073 155,117 149,535 154,903 
Net earnings per share:
Basic$1.79 $1.06 $4.71 $4.09 
Diluted$1.78 $1.05 $4.68 $4.06 
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 3.9 million and 0.5 million shares for the three months ended September 25, 2022 and September 26, 2021, respectively, and 2.3 million and 0.5 million shares for the nine months ended September 25, 2022 and September 26, 2021, respectively.