v3.25.3
Earnings Per Share
9 Months Ended
Sep. 27, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
10 Earnings Per Share
Basic and diluted EPS calculations are detailed as follows (in thousands, except per share data):
 
 
  
Three Months Ended September 27, 2025
 
 
  
Net Income
(Numerator)
 
  
Weighted-
Average Shares
(Denominator)
 
  
Per Share
Amount
 
Net income per basic common share
   $ 148,923        59,528      $ 2.50  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         94        —   
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 148,923        59,622      $ 2.50  
  
 
 
    
 
 
    
 
 
 
 
    
Three Months Ended September 28, 2024
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
Amount
 
Net income per basic common share
   $ 161,503        59,367      $ 2.72  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         137        (0.01
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 161,503        59,504      $ 2.71  
  
 
 
    
 
 
    
 
 
 
 
    
Nine Months Ended September 27, 2025
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
Amount
 
Net income per basic common share
   $ 417,415        59,496      $ 7.02  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         160        (0.02
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 417,415        59,656      $ 7.00  
  
 
 
    
 
 
    
 
 
 
 
    
Nine Months Ended September 28, 2024
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
Amount
 
Net income per basic common share
   $ 406,436        59,314      $ 6.85  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         157        (0.02
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 406,436        59,471      $ 6.83  
  
 
 
    
 
 
    
 
 
 
 
 
The Company had 390 thousand and 92 thousand stock options that were antidilutive due to having higher exercise prices than the Company’s average stock price during the three and nine months ended September 27, 2025, respectively. For both the three and nine months ended September 28, 2024, the Company had 130 thousand stock options that were antidilutive. These securities were not included in the computation of diluted EPS. The effect of dilutive securities was calculated using the treasury stock method.