v3.25.2
CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2025
Jun. 28, 2024
Jul. 04, 2025
Jun. 28, 2024
Income Statement [Abstract]        
Net sales $ 715,586 $ 707,053 $ 1,393,724 $ 1,396,797
Cost of sales 449,539 436,738 872,475 871,455
Gross profit 266,047 270,315 521,249 525,342
Selling, general and administrative expense 155,563 146,187 296,421 288,637
Restructuring and other related charges 1,390 4,773 5,889 6,697
Operating income 109,094 119,355 218,939 230,008
Pension settlement loss 0 0 0 12,155
Interest expense and other, net 20,999 15,940 37,781 33,031
Income from continuing operations before income taxes 88,095 103,415 181,158 184,822
Income tax expense 18,283 17,885 38,782 36,389
Net income from continuing operations 69,812 85,530 142,376 148,433
Loss from discontinued operations, net of taxes (1,708) (1,161) (4,440) (2,470)
Net income 68,104 84,369 137,936 145,963
Income attributable to noncontrolling interest, net of taxes (1,221) (1,462) (3,690) (3,105)
Net income attributable to ESAB Corporation $ 66,883 $ 82,907 $ 134,246 $ 142,858
Earnings (loss) per share – basic        
Income from continuing operations (in dollars per share) $ 1.13 $ 1.38 $ 2.28 $ 2.39
Loss on discontinued operations (in dollars per share) (0.03) (0.02) (0.07) (0.04)
Net income per share (in dollars per share) 1.10 1.36 2.21 2.35
Earnings (loss) per share – diluted        
Income from continuing operations (in dollars per share) 1.12 1.37 2.26 2.37
Loss on discontinued operations (in dollars per share) (0.03) (0.02) (0.07) (0.04)
Net income per share - diluted (in dollars per share) $ 1.09 $ 1.35 $ 2.19 $ 2.33