Schedule of Earnings Per Share - Basic and Diluted |
Net income per share from continuing operations was computed as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | | | | September 30, 2022 | | October 1, 2021 | | September 30, 2022 | | October 1, 2021 | | | | | | (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 Enovis Corporation(1) | | | | | $ | (66,085) | | | $ | (13,769) | | | $ | 16,114 | | | $ | (88,395) | | Weighted-average shares of Common stock outstanding – basic | | | | | 54,136,889 | | | 53,031,128 | | | 54,025,144 | | | 50,274,020 | | Net income (loss) per share from continuing operations – basic | | | | | $ | (1.22) | | | $ | (0.26) | | | $ | 0.30 | | | $ | (1.76) | | | | | | | | | | | | | | Computation of Net income (loss) per share from continuing operations - diluted: | | | | | | | | | | | | Net income (loss) from continuing operations attributable to Enovis Corporation(1) | | | | | $ | (66,085) | | | $ | (13,769) | | | $ | 16,114 | | | $ | (88,395) | | Weighted-average shares of Common stock outstanding – basic | | | | | 54,136,889 | | | 53,031,128 | | | 54,025,144 | | | 50,274,020 | | Net effect of potentially dilutive securities - stock options and restricted stock units | | | | | — | | | — | | | 434,859 | | | — | | Weighted-average shares of Common stock outstanding – diluted | | | | | 54,136,889 | | | 53,031,128 | | | 54,460,003 | | | 50,274,020 | | Net income (loss) per share from continuing operations – diluted | | | | | $ | (1.22) | | | $ | (0.26) | | | $ | 0.30 | | | $ | (1.76) | |
(1) Net income (loss) from continuing operations attributable to Enovis 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 $0.1 million and $0.5 million for the three and nine months ended September 30, 2022, respectively, and $0.2 million and $0.8 million for the three and nine months ended October 1, 2021, respectively.
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