Net Income Per Share

6 Months Ended

Jun. 26, 2020

Earnings Per Share [Abstract]

Net Income Per Share

14. NET INCOME 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					Six Months Ended
	June 26,		June 28,			June 26,		June 28,
(In millions, except share amounts)	2020		2019			2020		2019
Numerator:
Net income (loss) attributable to UCT	$	21.3	$	(0.2	)	$	30.7	$	0.4
Denominator:
Shares used in computation — basic:
Weighted average common shares outstanding		40.1		39.4			39.9		39.3
Shares used in computation — diluted:
Weighted average common shares outstanding		40.1		39.4			39.9		39.3
Dilutive effect of common shares outstanding subject to repurchase		0.7		—			0.9		0.3
Dilutive effect of options outstanding		—		—			—		—
Shares used in computing diluted net income per share		40.8		39.4			40.8		39.6
Net income (loss) per share attributable to UCT — basic	$	0.53	$	(0.01	)	$	0.77	$	0.01
Net income (loss) per share attributable to UCT — diluted	$	0.52	$	(0.01	)	$	0.75	$	0.01