Net Income Per Share (Tables)

9 Months Ended

Oct. 02, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share - Basic and Diluted

Net income (loss) per share from continuing operations was computed as follows:

	Three Months Ended				Nine Months Ended
	October 2, 2020		September 27, 2019		October 2, 2020		September 27, 2019
	(In thousands, except share and per share data)
Computation of Net income (loss) per share from continuing operations - basic:
Net income (loss) from continuing operations attributable to Colfax Corporation (1)	$	16,047	$	2,901	$	20,319	$	(18,636)
Weighted-average shares of Common stock outstanding – basic	136,832,909		136,121,017		136,730,112		135,440,566
Net income (loss) per share from continuing operations – basic	$	0.12	$	0.02	$	0.15	$	(0.14)
Computation of Net income (loss) per share from continuing operations - diluted:
Net income (loss) from continuing operations attributable to Colfax Corporation (1)	$	16,047	$	2,901	$	20,319	$	(18,636)
Weighted-average shares of Common stock outstanding – basic	136,832,909		136,121,017		136,730,112		135,440,566
Net effect of potentially dilutive securities - stock options, restricted stock units and tangible equity units	1,257,701		929,143		2,339,794		—
Weighted-average shares of Common stock outstanding – diluted	138,090,610		137,050,160		139,069,906		135,440,566
Net income (loss) per share from continuing operations – diluted	$	0.12	$	0.02	$	0.15	$	(0.14)

(1) Net income (loss) from continuing operations attributable to Colfax Corporation for the respective periods is calculated using Net income (loss) from continuing operations less the continuing operations component of the income attributable to noncontrolling interest, net of taxes, of $0.8 million and $2.2 million for the three and nine months ended October 2, 2020, and $0.9 million and $3.1 million for the three and nine months ended September 27, 2019, respectively.