Earnings Per Share (Tables)

9 Months Ended

Sep. 25, 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				Nine 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 outstanding	146,217		153,863		148,673		153,700
Effect of dilutive securities – employee stock compensation plan	856		1,254		862		1,203
Diluted weighted-average shares outstanding	147,073		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