Net Income Per Share (Tables)

9 Months Ended

Sep. 24, 2022

Earnings Per Share [Abstract]

Net Income Per Share

Net income per share is calculated as follows (in thousands, except per share amounts):

	Fiscal Three Months Ended
	September 24, 2022					September 25, 2021
	Income		Shares	Per Share Amount		Income		Shares	Per Share  Amount
Basic net income per share:	$	234,137	110,861	$	2.11	$	224,400	114,223	$	1.96
Dilutive effect of share-based awards	—		699	(0.01)		—		970	(0.01)
Diluted net income per share:	$	234,137	111,560	$	2.10	$	224,400	115,193	$	1.95

	Fiscal Nine Months Ended					Fiscal Nine Months Ended
	September 24, 2022					September 25, 2021
	Income		Shares	Per Share Amount		Income		Shares	Per Share  Amount
Basic net income per share:	$	817,842	111,660	$	7.32	$	775,776	115,170	$	6.74
Dilutive effect of share-based awards	—		801	(0.05)		—		1,000	(0.06)
Diluted net income per share:	$	817,842	112,461	$	7.27	$	775,776	116,170	$	6.68

Anti-dilutive stock awards excluded from the above calculations totaled approximately 0.1 million for fiscal three months ended September 24, 2022 and less than 0.1 million shares for the fiscal three months ended September 25, 2021. Anti-dilutive stock awards excluded from the above calculations totaled approximately 0.1 million shares for the fiscal nine months ended September 24, 2022 and less than 0.1 million shares for the fiscal nine months ended September 25, 2021.