EQUITY AND NONCONTROLLING INTERESTS (Tables)

6 Months Ended

Jun. 29, 2024

Equity [Abstract]

Schedule of Reconciliation of the Numerator and Denominator in the Computations of the Basic and Diluted Earnings Per Share

The following table reconciles the numerator and denominator in the computations of basic and diluted earnings per share:

	Three Months Ended				Six Months Ended
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
	(in thousands)
Numerator:
Net income	$	94,261	$	99,443	$	168,743	$	203,397
Less: Net income attributable to noncontrolling interests	180		2,423		1,702		3,246
Net income available to Charles River Laboratories International, Inc.	94,081		97,020		167,041		200,151
Calculation of net income per share attributable to common shareholders of Charles River Laboratories International, Inc.
Net income available to Charles River Laboratories International, Inc.	$	94,081	$	97,020	$	167,041	$	200,151
Less: Adjustment of redeemable noncontrolling interest (1)	301		—		702		—
Less: Incremental dividends attributable to noncontrolling interest holders (2)	3,792		—		9,022		—
Net income available to Charles River Laboratories International, Inc. common shareholders	$	89,988	$	97,020	$	157,317	$	200,151
Denominator:
Weighted-average shares outstanding - Basic	51,551		51,216		51,494		51,157
Effect of dilutive securities:
Stock options, restricted stock units and performance share units	295		251		316		225
Weighted-average shares outstanding - Diluted	51,846		51,467		51,810		51,382
Anti-dilutive common stock equivalents (3)	506		594		482		589
(1) Represents adjustments of redeemable noncontrolling interest that impact retained earnings.
(2) Represents incremental undeclared dividends attributable to Noveprim noncontrolling interest holders who are entitled to preferential dividends for fiscal year 2024.
(3) These common stock equivalents were outstanding for the periods presented, but were not included in the computation of diluted EPS for those periods because their inclusion would have had an anti-dilutive effect.

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes to each component of accumulated other comprehensive income (loss), net of income taxes, are as follows:

	Foreign Currency Translation Adjustment and Other		Pension and Other Post-Retirement Benefit Plans		Net Unrealized (Loss) Gain on Cash Flow Hedge		Total
	(in thousands)
December 30, 2023	$	(149,999)	$	(47,167)	$	739	$	(196,427)
Other comprehensive income (loss) before reclassifications	(81,840)		686		372		(80,782)
Net current period other comprehensive income (loss)	(81,840)		686		372		(80,782)
Income tax expense (benefit)	(7,759)		170		89		(7,500)
June 29, 2024	$	(224,080)	$	(46,651)	$	1,022	$	(269,709)