We compute basic earnings per share for Common Stock and Class B common stock using the two-class method. The Class B common stock is convertible into Common Stock on a share-for-share basis at any time. The computation of diluted earnings per share for Common Stock assumes the conversion of Class B common stock using the if-converted method, while the diluted earnings per share of Class B common stock does not assume the conversion of those shares.


	Three Months Ended
	September 27, 2026				September 28, 2025
	Common Stock		Class B Common Stock		Common Stock		Class B Common Stock
Basic earnings per share:
Numerator:
Allocation of distributed earnings (cash dividends paid)	$	212,742	$	72,090	$	203,137	$	67,994
Allocation of undistributed earnings	221,080		74,902		3,889		1,300
Total earnings—basic	$	433,822	$	146,992	$	207,026	$	69,294

Denominator (shares in thousands):
Total weighted-average shares—basic	146,541		54,614		148,363		54,614

Earnings Per Share—basic	$	2.96	$	2.69	$	1.40	$	1.27

Diluted earnings per share:
Numerator:
Allocation of total earnings used in basic computation	$	433,822	$	146,992	$	207,026	$	69,294
Reallocation of total earnings as a result of conversion of Class B common stock to Common stock	146,992		—		69,294		—
Reallocation of undistributed earnings	—		(205)		—		(3)
Total earnings—diluted	$	580,814	$	146,787	$	276,320	$	69,291

Denominator (shares in thousands):
Number of shares used in basic computation	146,541		54,614		148,363		54,614
Weighted-average effect of dilutive securities:
Conversion of Class B common stock to Common shares outstanding	54,614		—		54,614		—
Employee stock options	68		—		176		—
Performance and restricted stock units	469		—		341		—
Total weighted-average shares—diluted	201,692		54,614		203,494		54,614

Earnings Per Share—diluted	$	2.88	$	2.69	$	1.36	$	1.27


	Nine Months Ended
	September 27, 2026				September 28, 2025
	Common Stock		Class B Common Stock		Common Stock		Class B Common Stock
Basic earnings per share:
Numerator:
Allocation of distributed earnings (cash dividends paid)	$	642,954	$	216,270	$	609,974	$	203,981
Allocation of undistributed earnings	459,640		154,720		(187,827)		(62,886)
Total earnings—basic	$	1,102,594	$	370,990	$	422,147	$	141,095

Denominator (shares in thousands):
Total weighted-average shares—basic	147,495		54,614		148,234		54,614

Earnings Per Share—basic	$	7.48	$	6.79	$	2.85	$	2.58

Diluted earnings per share:
Numerator:
Allocation of total earnings used in basic computation	$	1,102,594	$	370,990	$	422,147	$	141,095
Reallocation of total earnings as a result of conversion of Class B common stock to Common stock	370,990		—		141,095		—
Reallocation of undistributed earnings	—		(471)		—		135
Total earnings—diluted	$	1,473,584	$	370,519	$	563,242	$	141,230

Denominator (shares in thousands):
Number of shares used in basic computation	147,495		54,614		148,234		54,614
Weighted-average effect of dilutive securities:
Conversion of Class B common stock to Common shares outstanding	54,614		—		54,614		—
Employee stock options	89		—		187		—
Performance and restricted stock units	513		—		238		—
Total weighted-average shares—diluted	202,711		54,614		203,273		54,614

Earnings Per Share—diluted	$	7.27	$	6.78	$	2.77	$	2.59