v3.26.1
Computation of Earnings Per Share
 6 Months Ended
Jun. 28, 2026
Earnings Per Share [Abstract]  
Computation of Earnings Per Share Computation of Earnings Per Share
The following table presents the calculation of the weighted-average shares used in computing basic and diluted EPS in the respective periods:
Three Months EndedSix Months Ended
(In millions)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Basic weighted-average shares of common stock outstanding68.3 67.7 68.2 67.6 
Dilutive potential shares issuable from stock options and RSUs (1)
— — — — 
Diluted weighted-average shares of common stock outstanding68.3 67.7 68.2 67.6 
(1) In the three and six months ended June 28, 2026 and June 29, 2025, all potential shares of common stock issuable for stock options and RSUs were excluded from the dilutive calculations above because the effect of including them would have been anti-dilutive. The dilutive effect of potential shares of common stock issuable for stock options and RSUs on the weighted-average number of shares of common stock outstanding would have been as follows:
Three Months EndedSix Months Ended
(In millions)June 28, 2026June 29, 2025June 28, 2026June 29, 2025
Basic weighted-average shares of common stock outstanding68.3 67.7 68.2 67.6 
Dilutive potential shares issuable from stock options and RSUs0.3 0.2 0.3 0.3 
Diluted weighted-average shares of common stock outstanding68.6 67.9 68.5 67.9 
Stock options and RSUs where the combined exercise price and unrecognized stock-based compensation was greater than the average market price for the Company’s common stock were not included in the computations of diluted weighted-average shares because the effect would have been anti-dilutive under the treasury stock method. These stock options and RSUs represented 4.2 million and 2.9 million shares of common stock for the three and six months ended June 28, 2026, respectively, and 1.8 million and 1.5 million shares of common stock for the three and six months ended June 29, 2025, respectively.