Net Loss Per Share

6 Months Ended

Jun. 27, 2025

NET LOSS PER SHARE

Potential common shares from employee stock plans totaling 1.4 million and 1.3 million for the three and six months ended June 27, 2025, respectively, were excluded from the computation of diluted loss per share as their effect would have been antidilutive. The Company did not have any significant antidilutive securities excluded from the calculation of diluted earnings per share for the three and six months ended June 28, 2024.

The table below presents the calculation of basic and diluted loss per share:


	Three Months Ended				Six Months Ended
(In millions, except share amounts)	June 27, 2025		June 28, 2024		June 27, 2025		June 28, 2024
Numerator:
Net income (loss) attributable to UCT	$	(162.0)	$	19.1	$	(167.0)	$	9.7
Denominator:
Shares used in computation — basic:
Basic weighted average common shares outstanding	45.2		44.9		45.2		44.7
Shares used in computation — diluted:
Weighted average common shares outstanding	45.2		44.9		45.2		44.7
Effect of potential dilutive securities:
Employee stock plans	—		0.5		—		0.6
Diluted weighted average common shares outstanding	45.2		45.4		45.2		45.3
Net income (loss) per share attributable to UCT:
Basic	$	(3.58)	$	0.43	$	(3.70)	$	0.22
Diluted	$	(3.58)	$	0.42	$	(3.70)	$	0.21