XML 32 R21.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Net Income Per Share
6 Months Ended
Jun. 29, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is computed based on the weighted average number of common shares outstanding plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. For the six month periods ended June 29, 2024 and July 1, 2023, dilutive potential common shares include stock options and unvested restricted stock units. Dilutive earnings per share (“EPS”) excludes all common shares if their effect is anti-dilutive.
The following table sets forth the computation of basic and diluted EPS attributable to common stockholders for the three and six month periods ended June 29, 2024 and July 1, 2023:
Three Months EndedSix Months Ended
 (in millions, except share and per share data)
June 29, 2024July 1, 2023June 29, 2024July 1, 2023
Numerator:
Net income attributable to common stockholders$27.6 $37.0 $58.3 $63.0 
Denominator:
Weighted average number of shares:
Basic145,857,673 146,765,631 146,230,907 146,734,762 
Adjustment for dilutive securities577,450 6,526 509,760 27,267 
Diluted146,435,123 146,772,157 146,740,667 146,762,029 
Basic net income per share attributable to common stockholders$0.19 $0.25 $0.40 $0.43 
Diluted net income per share attributable to common stockholders$0.19 $0.25 $0.40 $0.43