what does replace method do in java code example

Example 1: string replace java

public static void main(String args[]){  
String s1="my name is khan my name is java";  
String replaceString=s1.replace("is","was");//replaces all occurrences of "is" to "was"  
System.out.println(replaceString);  
}}

Example 2: how to count an replace substring string in java

String str = "helloslkhellodjladfjhello";
String findStr = "hello";
int lastIndex = 0;
int count = 0;
while(lastIndex != -1){
    lastIndex = str.indexOf(findStr,lastIndex);
    if(lastIndex != -1){
        count ++;
        lastIndex += findStr.length();
    }
}
System.out.println(count);