XML 98 R83.htm IDEA: XBRL DOCUMENT v3.26.1
EARNINGS PER SHARE - SCHEDULE OF BASIC AND DILUTED EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Common Stock    
Basic earnings per share:    
Allocation of distributed earnings (cash dividends paid) $ 215,907 $ 203,600
Allocation of undistributed earnings 110,268 (35,496)
Total earnings—basic $ 326,175 $ 168,104
Total weighted-average shares—basic (shares) 148,606 148,097
Net income per share - basic (USD per share) $ 2.19 $ 1.14
Numerator:    
Allocation of total earnings used in basic computation $ 326,175 $ 168,104
Reallocation of total earnings as a result of conversion of Class B common stock to Common stock 108,930 56,099
Reallocation of undistributed earnings 0 0
Total earnings—diluted $ 435,105 $ 224,203
Conversion of Class B common stock to Common shares outstanding (shares) 54,614 54,614
Total weighted-average shares—diluted (shares) 203,931 203,141
Net income per share - diluted (USD per share) $ 2.13 $ 1.10
Common Stock | Employee Stock Option    
Numerator:    
Incremental common shares attributable to dilutive effect of share-based payment arrangements (shares) 120 196
Common Stock | Performance Stock Units and Restricted Stock Units    
Numerator:    
Incremental common shares attributable to dilutive effect of share-based payment arrangements (shares) 591 234
Class B common stock    
Basic earnings per share:    
Allocation of distributed earnings (cash dividends paid) $ 72,090 $ 67,994
Allocation of undistributed earnings 36,840 (11,895)
Total earnings—basic $ 108,930 $ 56,099
Total weighted-average shares—basic (shares) 54,614 54,614
Net income per share - basic (USD per share) $ 1.99 $ 1.03
Numerator:    
Allocation of total earnings used in basic computation $ 108,930 $ 56,099
Reallocation of total earnings as a result of conversion of Class B common stock to Common stock 0 0
Reallocation of undistributed earnings (132) 26
Total earnings—diluted $ 108,798 $ 56,125
Conversion of Class B common stock to Common shares outstanding (shares) 0 0
Total weighted-average shares—diluted (shares) 54,614 54,614
Net income per share - diluted (USD per share) $ 1.99 $ 1.03
Class B common stock | Employee Stock Option    
Numerator:    
Incremental common shares attributable to dilutive effect of share-based payment arrangements (shares) 0 0
Class B common stock | Performance Stock Units and Restricted Stock Units    
Numerator:    
Incremental common shares attributable to dilutive effect of share-based payment arrangements (shares) 0 0