v3.26.1
Earnings per Share (Tables)
 6 Months Ended
Jul. 05, 2026
Earnings Per Share [Abstract]  
Calculation of Weighted-Average Shares
The following table shows the computation of basic and diluted earnings per share for the three-month and six-month periods ended July 5, 2026 and June 29, 2025 (in thousands, except per share amounts):
Three-months EndedSix-months Ended
July 5, 2026June 29, 2025July 5, 2026June 29, 2025
Net income$72,756 $40,511 $124,460 $64,114 
Basic weighted-average common and common-equivalent shares outstanding167,346 167,886 166,921 168,568 
Effect of dilutive stock-based awards2,643 677 2,245 985 
Diluted weighted-average common and common-equivalent shares outstanding169,989 168,563 169,166 169,553 
Earnings per share
Basic0.43 0.24 0.75 0.38 
Diluted0.43 0.24 0.74 0.38 
The computation of diluted weighted-average common shares outstanding excludes the following weighted average anti-dilutive stock-based awards outstanding for the three-month and six-month periods ended July 5, 2026 and June 29, 2025 (in thousands):
Three-months EndedSix-months Ended
July 5, 2026June 29, 2025July 5, 2026June 29, 2025
Stock options1,776 10,418 2,661 10,095 
Restricted stock units6 15 4 — 
Performance restricted stock units— 184 — — 
Total weighted average anti-dilutive stock-based awards outstanding1,782 10,617 2,665 10,095