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Net Income Per Share (Tables)
3 Months Ended
Mar. 27, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (loss) Per Share

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

 

 

 

Three Months Ended

 

 

 

March 27,

 

 

March 29,

 

(In millions, except share amounts)

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to UCT

 

$

9.4

 

 

$

0.6

 

Denominator:

 

 

 

 

 

 

 

 

Shares used in computation — basic:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

39.8

 

 

 

39.1

 

Shares used in computation — diluted:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

39.8

 

 

 

39.1

 

Dilutive effect of common shares outstanding subject to repurchase

 

 

0.9

 

 

 

0.3

 

Dilutive effect of options outstanding

 

 

 

 

 

 

Shares used in computing diluted net income per share

 

 

40.7

 

 

 

39.4

 

Net income per share attributable to UCT — basic

 

$

0.24

 

 

$

0.02

 

Net income per share attributable to UCT — diluted

 

$

0.23

 

 

$

0.02