v3.25.2
Earnings per Share from Continuing Operations (Tables)
6 Months Ended
Jul. 04, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share from Continuing Operations The Company allocates earnings to participating securities and computed earnings per share using the two-class method as follows:
Three Months EndedSix Months Ended
July 4, 2025June 28, 2024July 4, 2025June 28, 2024
(In thousands, except share and per share data)
Computation of earnings per share from continuing operations – basic:
Income from continuing operations attributable to ESAB Corporation(1)
$68,591 $84,068 $138,686 $145,328 
Distributed and undistributed earnings allocated to nonvested shares(166)(382)(415)(747)
Income from continuing operations attributable to common stockholders$68,425 $83,686 $138,271 $144,581 
Weighted-average shares of Common stock outstanding – basic60,739,891 60,432,230 60,651,238 60,389,176 
Income per share from continuing operations – basic$1.13 $1.38 $2.28 $2.39 
Computation of earnings per share from continuing operations – diluted:
Income from continuing operations attributable to common stockholders$68,425 $83,686 $138,271 $144,581 
Weighted-average shares of Common stock outstanding – basic60,739,891 60,432,230 60,651,238 60,389,176 
Net effect of potentially dilutive securities(2)
572,853 646,226 645,694 644,031 
Weighted-average shares of Common stock outstanding – dilution61,312,744 61,078,456 61,296,932 61,033,207 
Net income per share from continuing operations – diluted$1.12 $1.37 $2.26 $2.37 
(1) Net income from continuing operations attributable to ESAB Corporation for the respective periods is calculated using Net income from continuing operations, less Income attributable to noncontrolling interest, net of taxes, of $1.2 million and $3.7 million for the three and six months ended July 4, 2025, respectively, and $1.5 million and $3.1 million for the three and six months ended June 28, 2024, respectively.
(2) Potentially dilutive securities include stock options, performance-based restricted stock units and non-performance-based restricted stock units.