Basic net earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed by dividing net income by the weighted average number of diluted common shares outstanding. Diluted common shares outstanding is computed using the Treasury Stock method and, in periods of income, reflects the additional shares that would be outstanding if dilutive share-based compensation awards were converted into common shares during the period.


	Three Months Ended				Nine Months Ended
	October 3, 2026		September 27, 2025		October 3, 2026		September 27, 2025
Basic:
Net income	$	164	$	101	$	532	$	349
Weighted-average shares outstanding	47,277,714		50,800,552		48,027,688		51,044,563
Basic earnings per share	$	3.47	$	1.98	$	11.08	$	6.83

Diluted:
Net income	$	164	$	101	$	532	$	349
Weighted-average shares outstanding	47,277,714		50,800,552		48,027,688		51,044,563
Dilutive shares	535,475		370,567		452,861		384,969
Diluted weighted-average shares outstanding	47,813,188		51,171,119		48,480,549		51,429,532
Diluted earnings per share	$	3.43	$	1.97	$	10.97	$	6.78

Anti-dilutive share-based compensation awards are excluded from diluted earnings per share calculations. There were 2,499 and 138,222 shares that were anti-dilutive for the three and nine months ended October 3, 2026. There were 1,473 and 84,605 shares that were anti-dilutive for the three and nine months ended September 27, 2025, respectively.