Annual report [Section 13 and 15(d), not S-K Item 405]

Net Income Per Share

v3.25.0.1
Net Income Per Share
 12 Months Ended
Dec. 28, 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 years ended December 28, 2024, December 30, 2023 and December 31, 2022, dilutive potential common shares include stock options and unvested restricted stock units. Dilutive 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 years ended December 28, 2024, December 30, 2023 and December 31, 2022:
(dollar amounts in millions)
 Year Ended
December 28, 2024 December 30, 2023 December 31, 2022
Numerator:
Net income attributable to common stockholders $ 70.4  $ 135.7  $ 107.7 
Denominator:
Weighted average number of shares:
Basic 144,256,152  146,782,101  146,606,197 
Adjustment for dilutive securities 542,948  99,956  116,669 
Diluted 144,799,100  146,882,057 146,722,866
Basic net income per share attributable to common stockholders $ 0.49  $ 0.92  $ 0.73 
Diluted net income per share attributable to common stockholders $ 0.49  $ 0.92  $ 0.73