Ultra Clean Holdings, Inc. Earnings Per Share Disclosure
| Year Ended | |||||||||||||||||
| (In millions, except share amounts) | December 26, 2025 | December 27, 2024 | December 29, 2023 | ||||||||||||||
| Numerator: | |||||||||||||||||
| Net income (loss) attributable to UCT | $ | (181.2) | $ | 23.7 | $ | (31.1) | |||||||||||
| Denominator: | |||||||||||||||||
| Shares used in computation — basic: | |||||||||||||||||
| Weighted average common shares outstanding | 45.3 | 44.9 | 44.7 | ||||||||||||||
| Shares used in computation — diluted: | |||||||||||||||||
| Weighted average common shares outstanding | 45.3 | 44.9 | 44.7 | ||||||||||||||
| Dilutive effect of common shares outstanding subject to repurchase | — | 0.4 | — | ||||||||||||||
| Shares used in computing diluted net income (loss) per share | 45.3 | 45.3 | 44.7 | ||||||||||||||
| Net income (loss) per share attributable to UCT — basic | $ | (4.00) | $ | 0.53 | $ | (0.70) | |||||||||||
| Net income (loss) per share attributable to UCT — diluted | $ | (4.00) | $ | 0.52 | $ | (0.70) | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 23, 2026 | Showing above |
| 2024 | Feb 25, 2025 | |
| 2023 | Mar 6, 2024 | |
| 2022 | Feb 28, 2023 | |
| 2017 | Mar 14, 2018 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.