Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share

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Net Income Per Share
 3 Months Ended
Mar. 30, 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 three month periods ended March 30, 2024 and April 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 month periods ended March 30, 2024 and April 1, 2023:
Three Months Ended
 (in millions, except share and per share data)
 March 30, 2024 April 1, 2023
Numerator:
Net income attributable to common stockholders $ 30.7  $ 26.0 
Denominator:
Weighted average number of shares:
Basic 146,604,142  146,703,894 
Adjustment for dilutive securities 442,070  48,007 
Diluted 147,046,212  146,751,901 
Basic net income per share attributable to common stockholders $ 0.21  $ 0.18 
Diluted net income per share attributable to common stockholders $ 0.21  $ 0.18