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Earnings Per Share
3 Months Ended
Mar. 30, 2025
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 Ended
March 30, 2025March 31, 2024
Basic weighted-average shares outstanding388,812,663 380,069,232 
Add: Dilutive effect of stock options and RSUs251,549 — 
Diluted weighted-average shares outstanding (1)
389,064,212 380,069,232 
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(1)Approximately 5.3 million stock options were excluded from the computation of diluted weighted-average shares outstanding for the three months ended March 30, 2025 because their effect would have been anti-dilutive.