Net Income Per Share from Continuing Operations (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

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.