v3.26.1
Net Income Per Share
6 Months Ended
Jul. 04, 2026
Earnings Per Share [Abstract]  
Net Income Per Share
15. Net Income Per Share

Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is computed based on the weighted average number of common shares outstanding plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. For the three and six month periods ended July 4, 2026 and June 28, 2025, dilutive potential common shares include stock options and unvested RSUs. Dilutive earnings per share (“EPS”) excludes all common shares if their effect is anti-dilutive.
The following table sets forth the computation of basic and diluted EPS attributable to common stockholders for the periods presented:

Three Months EndedSix Months Ended
(amounts in millions, except share and per share data)
July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Numerator:
Net income attributable to common stockholders$10.7 $20.7 $10.9 $31.5 
Denominator:
Weighted average number of shares:
Basic136,425,432 139,552,809 137,394,908 139,801,720 
Adjustment for dilutive securities161,472 451,281 285,671 335,572 
Diluted136,586,904 140,004,090 137,680,579 140,137,292
Basic net income per share attributable to common stockholders$0.08 $0.15 $0.08 $0.23 
Diluted net income per share attributable to common stockholders$0.08 $0.15 $0.08 $0.22