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
	July 4, 2026		June 28, 2025		July 4, 2026		June 28, 2025
Net income attributable to Lear	$	192.8	$	165.2	$	365.1	$	245.9

Average common shares outstanding	50,302,285		53,764,586		50,678,872		53,839,060
Dilutive effect of common stock equivalents	519,728		291,521		511,789		301,255
Average diluted shares outstanding	50,822,013		54,056,107		51,190,661		54,140,315

Basic net income per share attributable to Lear	$	3.83	$	3.07	$	7.20	$	4.57

Diluted net income per share attributable to Lear	$	3.79	$	3.06	$	7.13	$	4.54