v3.25.2
Earnings Per Share
 6 Months Ended
Jun. 29, 2025
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
We compute basic earnings per share (EPS) using net earnings for the period and the weighted average number of common shares outstanding during the period. Diluted EPS incorporates the additional shares issuable upon the assumed exercise of stock options and the release of restricted stock and restricted stock units (RSUs).
Basic and diluted weighted average shares outstanding were as follows (in thousands):
Three Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
Basic weighted average shares outstanding268,138 274,122 268,588 273,809 
Dilutive effect of stock options and restricted stock/RSUs*2,807 3,600 2,749 3,553 
Diluted weighted average shares outstanding270,945 277,722 271,337 277,362 
*    Excludes unvested stock options, and vested stock options that had exercise prices in excess of the average market price of our common stock during the period and, therefore, the effect of including these options would be antidilutive. These options totaled 1,814 and 2,115 for the three- and six-month periods ended June 29, 2025 and 1,261 and 833 for the three- and six-month periods ended June 30, 2024, respectively.