Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 27, 2024

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 (loss) per share:

	Three Months Ended				Nine Months Ended
(In millions, except share amounts)	September 27, 2024		September 29, 2023		September 27, 2024		September 29, 2023
Numerator:
Net income (loss) attributable to UCT	$	(2.3)	$	(14.5)	$	7.4	$	(27.3)
Denominator:
Shares used in computation — basic:
Weighted average common shares outstanding	45.0		44.8		44.8		44.8
Shares used in computation — diluted:
Weighted average common shares outstanding	45.0		44.8		44.8		44.8
Effect of potential dilutive securities:
Employee stock plans	—		—		0.6		—
Shares used in computing diluted net income (loss) per share	45.0		44.8		45.4		44.8
Net income (loss) per share attributable to UCT — basic	$	(0.05)	$	(0.32)	$	0.16	$	(0.61)
Net income (loss) per share attributable to UCT — diluted	$	(0.05)	$	(0.32)	$	0.16	$	(0.61)