Weighted-Average Shares

3 Months Ended

Apr. 02, 2023

Weighted-average shares were calculated as follows (in thousands):


	Three-months Ended
	March 31, 2024	April 2, 2023
Basic weighted-average common shares outstanding	171,692	172,624
Effect of dilutive equity awards	902	1,279
Weighted-average common and common-equivalent shares outstanding	172,594	173,903

Stock options to purchase 8,176,000 and 6,515,000 shares of common stock, on a weighted-average basis, were outstanding during the three-month periods ended March 31, 2024 and April 2, 2023, respectively, but were not included in the calculation of dilutive net income per share because they were anti-dilutive. Restricted stock units totaling 1,000 and 10,000 shares of common stock, on a weighted-average basis, were outstanding during the

three-month periods ended March 31, 2024 and April 2, 2023, respectively, but were not included in the calculation of dilutive net income per share because they were anti-dilutive. No PRSUs were excluded in the calculation of dilutive net income per share for the three-month periods ended March 31, 2024 and April 2, 2023, as PRSUs were not anti-dilutive on a weighted-average basis.