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Net Income Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (loss) Per Share

The following is a reconciliation of the numerators and denominators used in computing basic and diluted net income per share:

 

 

Year Ended

 

 

 

December 30,

 

 

December 31,

 

 

December 25,

 

(In millions, except share amounts)

 

2022

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income attributable to UCT

 

$

40.4

 

 

$

119.5

 

 

$

77.6

 

Denominator:

 

 

 

 

 

 

 

 

 

Shares used in computation — basic:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

45.2

 

 

 

43.5

 

 

 

40.2

 

Shares used in computation — diluted:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

45.2

 

 

 

43.5

 

 

 

40.2

 

Dilutive effect of common shares outstanding subject to repurchase

 

 

0.5

 

 

 

0.9

 

 

 

0.9

 

Shares used in computing diluted net income per share

 

 

45.7

 

 

 

44.4

 

 

 

41.1

 

Net income per share attributable to UCT — basic

 

$

0.89

 

 

$

2.75

 

 

$

1.93

 

Net income per share attributable to UCT — diluted

 

$

0.88

 

 

$

2.69

 

 

$

1.89