v3.25.3
Earnings Per Share
9 Months Ended
Sep. 28, 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 EndedNine Months Ended
September 28, 2025September 29, 2024September 28, 2025September 29, 2024
Basic weighted average shares outstanding269,232 274,393 268,803 274,004 
Dilutive effect of stock options and restricted stock/RSUs*3,408 3,495 2,947 3,514 
Diluted weighted average shares outstanding272,640 277,888 271,750 277,518 
*    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 47 and 1,507 for the three- and nine-month periods ended September 28, 2025, and 1,277 and 962 for the three- and nine-month periods ended September 29, 2024, respectively.