The computation of basic earnings per share (“EPS”) is based on the weighted-average shares of common stock outstanding during the period. Diluted EPS adjusts basic EPS for the dilutive effect of stock options and RSUs. The incremental shares from stock options and RSUs are computed using the treasury stock method. There were no adjustments to the numerator in the computations of earnings per share for the periods presented.

The following table provides the weighted-average shares used in the denominator for those computations.


	Three Months Ended		Six Months Ended
	June 29, 2025	June 30, 2024	June 29, 2025	June 30, 2024





Basic weighted-average shares outstanding	393,112,711	380,069,232	390,962,687	380,069,232
Add: Dilutive effect of stock options and RSUs	638,583	—	448,172	—
Diluted weighted-average shares outstanding (1)	393,751,294	380,069,232	391,410,859	380,069,232

(1)Approximately 7.7 million and 6.5 million stock options were excluded from the computation of diluted weighted-average shares outstanding for the three and six months ended June 29, 2025, respectively, because their effect would have been anti-dilutive.