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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