v3.19.1
Net Income Per Share (Text Block)
3 Months Ended
Mar. 29, 2019
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Net (Loss) Income Per Share from Continuing Operations

Net (loss) income per share from continuing operations was computed as follows:
 
Three Months Ended
 
March 29, 2019
 
March 30, 2018
 
(In thousands, except share data)
Net (loss) income from continuing operations attributable to Colfax Corporation (1)
$
(48,578
)
 
$
27,372

Weighted-average shares of Common stock outstanding - basic
133,713,815

 
123,560,338

Net effect of potentially dilutive securities - stock options and restricted stock units

 
520,460

Weighted-average shares of Common stock outstanding - diluted
133,713,815

 
124,080,798

Net (loss) income per share from continuing operations - basic and diluted
$
(0.36
)
 
$
0.22

              
(1) Net (loss) income from continuing operations attributable to Colfax Corporation for the respective periods is calculated using Net (loss) income from continuing operations less the income attributable to noncontrolling interest, net of taxes.

For the three months ended March 29, 2019, the weighted-average shares of Common stock outstanding- basic includes the impact of 18.4 million shares related to the issuance of Colfax’s tangible equity units. See Note 8, “Equity” for details.

The weighted-average computation of the dilutive effect of potentially issuable shares of Common stock under the treasury stock method for the three months ended March 30, 2018 excludes 3.0 million of outstanding stock-based compensation awards as their inclusion would be anti-dilutive.