Net Income Per Share

6 Months Ended

Jun. 25, 2021

Earnings Per Share [Abstract]

Net Income Per Share

15. 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 25,		June 26,		June 25,		June 26,
(In millions, except share amounts)	2021		2020		2021		2020
Numerator:
Net income attributable to UCT	$	17.1	$	21.3	$	42.1	$	30.7
Denominator:
Shares used in computation — basic:
Weighted average common shares outstanding		43.3		40.1		41.9		39.9
Shares used in computation — diluted:
Weighted average common shares outstanding		43.3		40.1		41.9		39.9
Dilutive effect of common shares outstanding subject to repurchase		1.0		0.7		1.0		0.9
Shares used in computing diluted net income per share		44.3		40.8		42.9		40.8
Net income per share attributable to UCT — basic	$	0.39	$	0.53	$	1.00	$	0.77
Net income per share attributable to UCT — diluted	$	0.39	$	0.52	$	0.98	$	0.75