XML 37 R22.htm IDEA: XBRL DOCUMENT v3.26.1
TREASURY STOCK ACTIVITY
 3 Months Ended
Mar. 29, 2026
Equity [Abstract]  
TREASURY STOCK ACTIVITY TREASURY STOCK ACTIVITY
A summary of our treasury stock activity is as follows:
Three Months Ended March 29, 2026
SharesDollars
In thousands
Shares repurchased in the open market to replace Treasury Stock issued for stock options and incentive compensation300,000 69,270 
Shares issued for stock options and incentive compensation(298,172)$(12,407)
Total net share repurchases1,828 56,863 
In December 2023, our Board of Directors approved a $500 million share repurchase authorization. As a result of the share repurchase authorization, approximately $470 million remains available for repurchases under our December 2023 share repurchase authorization. We are authorized to purchase our outstanding shares in open market and privately negotiated transactions. The program has no expiration date and acquired shares of Common Stock will be held as treasury shares. Purchases under approved share repurchase authorizations are in addition to our practice of buying back shares sufficient to offset those issued under incentive compensation plans.