Net Income Per Share (Tables)

3 Months Ended

Apr. 01, 2022

Earnings Per Share [Abstract]

Basic and Diluted Net Income Per Share

The following is a reconciliation of the numerators and denominators used in computing basic and diluted net income per share:

	Three Months Ended
	April 1,		March 26,
(In millions, except share amounts)	2022		2021
Numerator:
Net income attributable to UCT	$	27.9	$	25.0
Denominator:
Shares used in computation — basic:
Weighted average common shares outstanding		44.9		40.6
Shares used in computation — diluted:
Weighted average common shares outstanding		44.9		40.6
Dilutive effect of common shares outstanding subject to repurchase		0.7		1.0
Shares used in computing diluted net income per share		45.6		41.6
Net income per share attributable to UCT — basic	$	0.62	$	0.62
Net income per share attributable to UCT — diluted	$	0.61	$	0.60