EQUITY AND NONCONTROLLING INTERESTS (Tables)

12 Months Ended

Dec. 28, 2024

Schedule of Reconciliation of the Numerator and Denominator in the Computations of the Basic and Diluted Earnings per Share

The following table reconciles the numerator and denominator in the computations of basic and diluted earnings per share:


	Fiscal Year
	2024		2023		2022
	(in thousands)
Numerator:
Net income	$	25,291	$	480,370	$	492,608
Less: Net income attributable to noncontrolling interests	3,088		5,746		6,382
Net income attributable to Charles River Laboratories International Inc.	$	22,203	$	474,624	$	486,226

Calculation of net income per share attributable to Charles River Laboratories International Inc. common shareholders
Net income attributable to Charles River Laboratories International Inc.	$	22,203	$	474,624	$	486,226

Less: Incremental dividends attributed to noncontrolling interest holders (1)	11,906		—		—
Net income available to Charles River Laboratories International Inc. common shareholders	$	10,297	$	474,624	$	486,226

Denominator:
Weighted-average shares outstanding - Basic	51,380		51,227		50,812
Effect of dilutive securities:
Stock options, restricted stock units and performance share units	248		224		489
Weighted-average shares outstanding - Diluted	51,628		51,451		51,301

Anti-dilutive common stock equivalents (2)	530		652		560
(1) Represents incremental declared and undeclared dividends attributable to Noveprim noncontrolling interest holders who are entitled to preferential dividends for fiscal year 2024.
(2) These common stock equivalents were outstanding for the periods presented, but were not included in the computation of diluted EPS for those periods because their inclusion would have had an anti-dilutive effect.

Schedule of Changes to Each Component of Accumulated Other Comprehensive Income (Loss), Net of Income Taxes

Changes to each component of accumulated other comprehensive income (loss), net of income taxes, are as follows:


	Foreign Currency Translation Adjustment(1)		Pension and Other Post-Retirement Benefit Plans		Net Unrealized Gain (Loss) on Cash Flow Hedge		Total
	(in thousands)
December 25, 2021	$	(98,173)	$	(66,567)	$	—	$	(164,740)
Other comprehensive (loss) income before reclassifications	(125,507)		24,471		(1,523)		(102,559)
Amounts reclassified from accumulated other comprehensive income (loss)	—		3,337		—		3,337
Net current period other comprehensive (loss) income	(125,507)		27,808		(1,523)		(99,222)
Income tax (benefit) expense	(5,895)		4,355		(365)		(1,905)
December 31, 2022	(217,785)		(43,114)		(1,158)		(262,057)
Other comprehensive (loss) income before reclassifications	71,851		(5,376)		2,490		68,965
Amounts reclassified from accumulated other comprehensive income (loss)	—		736		—		736
Net current period other comprehensive (loss) income	71,851		(4,640)		2,490		69,701
Income tax (benefit) expense	4,065		(587)		593		4,071
December 30, 2023	(149,999)		(47,167)		739		(196,427)
Other comprehensive (loss) income before reclassifications	(127,261)		(12,190)		(966)		(140,417)
Amounts reclassified from accumulated other comprehensive income (loss)	—		1,596		—		1,596
Net current period other comprehensive (loss) income	(127,261)		(10,594)		(966)		(138,821)
Income tax (benefit) expense	(15,789)		(1,887)		(227)		(17,903)
December 28, 2024	$	(261,471)	$	(55,874)	$	—	$	(317,345)
(1) The impact of the foreign currency translation adjustment to other comprehensive income (loss) before reclassifications was primarily due to the effect of changes in foreign currency exchange rates of the Euro, British Pound, Canadian Dollar, Hungarian Forint, Swedish Krona, Mauritian Rupee, and Chinese Yuan Renminbi.