v3.26.1
Note 2 - Earnings Per Share
6 Months Ended
Jun. 28, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

2.       Earnings per share

 

Basic earnings per share are computed by dividing net income or loss for the period by the weighted-average number of ordinary shares outstanding, net of treasury shares and shares held in ESOP. Diluted earnings per share are computed by dividing net income for the period by the weighted average number of ordinary shares outstanding and the dilutive ordinary shares equivalents.

 

Basic and diluted earnings per share were calculated as follows:

 

 

 

Second Quarter

 

 

Year-to-date

 

In millions except share and per-share data

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Basic earnings:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

4.8

 

 

$

2.6

 

 

$

8.4

 

 

$

8.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of £0.50 ordinary shares:

 

 

 

 

 

 

 

 

 

 

 

 

For basic earnings per share

 

 

26,751,226

 

 

 

26,749,018

 

 

 

26,635,968

 

 

 

26,741,271

 

Dilutive effect of potential common stock

 

 

470,192

 

 

 

349,179

 

 

 

509,869

 

 

 

402,613

 

For diluted earnings per share

 

 

27,221,418

 

 

 

27,098,197

 

 

 

27,145,837

 

 

 

27,143,884

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share using weighted average number of ordinary shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per ordinary share

 

$

0.18

 

 

$

0.10

 

 

$

0.32

 

 

$

0.30

 

Diluted earnings per ordinary share

 

$

0.18

 

 

$

0.10

 

 

$

0.31

 

 

$

0.30