Quarterly report [Sections 13 or 15(d)]

Net Income Per Share

v3.26.1
Net Income Per Share
 3 Months Ended
Apr. 04, 2026
Earnings Per Share [Abstract]  
Net Income Per Share
15. 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 three month periods ended April 4, 2026 and March 29, 2025, dilutive potential common shares include stock options and unvested RSUs. 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 periods presented:

Three Months Ended
(amounts in millions, except share and per share data)
 April 4, 2026 March 29, 2025
Numerator:
Net income attributable to common stockholders $ 0.2  $ 10.8 
Denominator:
Weighted average number of shares:
Basic 138,364,384  140,050,632 
Adjustment for dilutive securities 409,870  219,862 
Diluted 138,774,254  140,270,494
Basic net income per share attributable to common stockholders $ 0.00  $ 0.08 
Diluted net income per share attributable to common stockholders $ 0.00  $ 0.08