XML 56 R46.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings per Share from Continuing Operations (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 29, 2023
Sep. 30, 2022
Jul. 01, 2022
Sep. 29, 2023
Sep. 30, 2022
Computation of earnings per share from continuing operations – basic:          
Income from continuing operations attributable to ESAB Corporation $ 59,293 $ 53,331   $ 159,305 $ 167,938
Less: distributed and undistributed earnings allocated to nonvested shares (425) (407)   (1,162) (1,152)
Net Income (Loss) Available to Common Stockholders $ 58,868 $ 52,924   $ 158,143 $ 166,786
Weighted-average shares of common stock outstanding - basic (in shares) 60,265,516 60,063,553 60,000,000 60,216,606 60,045,306
Income per share from continuing operations – basic (in dollars per share) $ 0.98 $ 0.88   $ 2.63 $ 2.78
Computation of earnings per share from continuing operations – diluted:          
Net effect of potentially dilutive securities (in shares) 465,197 99,668   376,153 82,378
Weighted-average shares of common stock outstanding - assuming dilution (in shares) 60,730,713 60,163,221   60,592,759 60,127,684
Income per share from continuing operations – assuming dilution (in dollars per share) $ 0.97 $ 0.88   $ 2.61 $ 2.77
Net income from continuing operations attributable to noncontrolling interest, net of taxes $ 1,500 $ 1,000   $ 4,500 $ 2,700