v3.26.1
EARNINGS PER SHARE
6 Months Ended
Jun. 28, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
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 EndedSix Months Ended
June 28,
2026
June 29,
2025
June 28,
2026
June 29,
2025
Basic weighted-average shares outstanding393,549,023 393,112,711 393,417,410 390,962,687 
Add: Dilutive effect of stock options and RSUs2,223,548 638,583 1,866,687 448,172 
Diluted weighted-average shares outstanding (1)
395,772,571 393,751,294 395,284,096 391,410,859 
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(1)Stock options and RSUs totaling 2,684,683 and 7,679,643 for the second quarters of 2026 and 2025, respectively, and 1,523,618 and 6,477,772 for the first halves of 2026 and 2025, respectively, were excluded from the computation of diluted weighted-average shares outstanding as their effect would have been anti-dilutive.