v3.26.3
Note 2 - Earnings Per Share
9 Months Ended
Sep. 27, 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:

 

 

 

Third Quarter

 

 

Year-to-date

 

In millions except share and per-share data

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Basic earnings:

 

 

 

​

 

 

 

​

 

 

 

​

 

 

 

​

Net income

 

$

0.9

 

 

$

2.7

 

 

$

9.3

 

 

$

10.8

 

 

 

 

 

​

 

 

 

​

 

 

 

​

 

 

 

​

Weighted average number of £0.50 ordinary shares:

 

 

 

​

 

 

 

​

 

 

 

​

 

 

 

​

For basic earnings per share

 

 

26,759,526

 

 

 

26,746,390

 

 

 

26,713,500

 

 

 

26,743,059

 

Dilutive effect of potential common stock

 

 

535,684

 

 

 

412,634

 

 

 

556,141

 

 

 

446,397

 

For diluted earnings per share

 

 

27,295,210

 

 

 

27,159,024

 

 

 

27,269,641

 

 

 

27,189,456

 

 

 

 

 

​

 

 

 

​

 

 

 

​

 

 

 

​

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

 

 

 

​

 

 

 

​

 

 

 

​

 

 

 

​

Basic earnings per ordinary share

 

$

0.03

 

 

$

0.10

 

 

$

0.35

 

 

$

0.41

 

Diluted earnings per ordinary share

 

$

0.03

 

 

$

0.10

 

 

$

0.34

 

 

$

0.40