v3.26.3
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 27, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
Three Months Ended
September 27, 2026September 28, 2025
Common StockClass B Common StockCommon StockClass 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 earnings221,080 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—basic146,541 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 stock146,992 — 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 computation146,541 54,614 148,363 54,614 
Weighted-average effect of dilutive securities:
Conversion of Class B common stock to Common shares outstanding54,614 — 54,614 — 
Employee stock options68 — 176 — 
Performance and restricted stock units469 — 341 — 
Total weighted-average shares—diluted201,692 54,614 203,494 54,614 
Earnings Per Share—diluted$2.88 $2.69 $1.36 $1.27 
Nine Months Ended
September 27, 2026September 28, 2025
Common StockClass B Common StockCommon StockClass 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 earnings459,640 154,720 (187,827)(62,886)
Total earnings—basic$1,102,594 $370,990 $422,147 $141,095 
Denominator (shares in thousands):
Total weighted-average shares—basic147,495 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 stock370,990 — 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 computation147,495 54,614 148,234 54,614 
Weighted-average effect of dilutive securities:
Conversion of Class B common stock to Common shares outstanding54,614 — 54,614 — 
Employee stock options89 — 187 — 
Performance and restricted stock units513 — 238 — 
Total weighted-average shares—diluted202,711 54,614 203,273 54,614 
Earnings Per Share—diluted$7.27 $6.78 $2.77 $2.59