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EARNINGS PER SHARE
9 Months Ended
Sep. 28, 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 EndedNine Months Ended
September 28,
2025
September 29,
2024
September 28,
2025
September 29,
2024
Basic weighted-average shares outstanding393,112,711 380,069,232 391,679,362 380,069,232 
Add: Dilutive effect of stock options and RSUs1,481,324 — 628,226 — 
Diluted weighted-average shares outstanding (1)
394,594,035 380,069,232 392,307,588 380,069,232 
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(1)Approximately 6.8 million stock options were excluded from the computation of diluted weighted-average shares outstanding for the nine months ended September 28, 2025, because their effect would have been anti-dilutive. No stock options were excluded from the computation for the three months ended September 28, 2025.