Basic net income per share attributable to Lear is computed by dividing net income attributable to Lear by the average number of common shares outstanding during the period. Common shares issuable upon the satisfaction of certain conditions pursuant to a contractual agreement are considered common shares outstanding and are included in the computation of basic net income per share attributable to Lear.

Diluted net income per share attributable to Lear is computed using the treasury stock method by dividing net income attributable to Lear by the average number of common shares outstanding, including the dilutive effect of common stock equivalents using the average share price during the period.

A summary of information used to compute basic and diluted net income per share attributable to Lear is shown below (in millions, except share and per share data):


	Three Months Ended				Six Months Ended
	June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Net income attributable to Lear	$	165.2	$	173.1	$	245.9	$	282.7

Average common shares outstanding	53,764,586		56,926,745		53,839,060		57,088,459
Dilutive effect of common stock equivalents	291,521		307,714		301,255		312,713
Average diluted shares outstanding	54,056,107		57,234,459		54,140,315		57,401,172

Basic net income per share attributable to Lear	$	3.07	$	3.04	$	4.57	$	4.95

Diluted net income per share attributable to Lear	$	3.06	$	3.02	$	4.54	$	4.92