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Net Income (Loss) Per Share Attributable to Lear (Tables)
9 Months Ended
Oct. 03, 2020
Earnings Per Share [Abstract]  
Summary of Information Used to Compute Basic and Diluted Net Income Per Share

A summary of information used to compute basic and diluted net income (loss) per share available to Lear common stockholders is shown below (in millions, except share and per share data):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 3,

2020

 

 

September 28,

2019

 

 

October 3,

2020

 

 

September 28,

2019

 

Net income (loss) attributable to Lear

 

$

174.4

 

 

$

215.9

 

 

$

(43.1

)

 

$

627.6

 

Redeemable noncontrolling interest adjustment

 

 

-

 

 

 

3.6

 

 

 

-

 

 

 

9.4

 

Net income (loss) available to Lear common stockholders

 

$

174.4

 

 

$

219.5

 

 

$

(43.1

)

 

$

637.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average common shares outstanding

 

 

60,159,356

 

 

 

61,133,723

 

 

 

60,260,886

 

 

 

62,042,156

 

Dilutive effect of common stock equivalents

 

 

171,585

 

 

 

196,363

 

 

 

-

 

 

 

220,747

 

Average diluted shares outstanding

 

 

60,330,941

 

 

 

61,330,086

 

 

 

60,260,886

 

 

 

62,262,903

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share available to Lear common stockholders

 

$

2.90

 

 

$

3.59

 

 

$

(0.72

)

 

$

10.27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income (loss) per share available to Lear common stockholders

 

$

2.89

 

 

$

3.58

 

 

$

(0.72

)

 

$

10.23