| Schedule of Earnings Per Share - Basic and Diluted |
Net income per share from continuing operations was computed as follows: | | | | | | | | | | | | | | | | | Three Months Ended | | | | April 2, 2021 | | April 3, 2020 | | | | | | (In thousands, except share and per share data) | | Computation of Net income per share from continuing operations - basic: | | | | | | | | Net income from continuing operations attributable to Colfax Corporation (1) | $ | 26,564 | | | $ | 7,841 | | | | | | Weighted-average shares of Common stock outstanding – basic | 139,603,389 | | | 136,601,111 | | | | | | Net income per share from continuing operations – basic | $ | 0.19 | | | $ | 0.06 | | | | | | | | | | | | | | | Computation of Net income per share from continuing operations - diluted: | | | | | | | | Net income from continuing operations attributable to Colfax Corporation (1) | $ | 26,564 | | | $ | 7,841 | | | | | | Weighted-average shares of Common stock outstanding – basic | 139,603,389 | | | 136,601,111 | | | | | | | Net effect of potentially dilutive securities - stock options, restricted stock units and tangible equity units | 2,167,918 | | | 4,868,927 | | | | | | Weighted-average shares of Common stock outstanding – diluted | 141,771,307 | | | 141,470,038 | | | | | | Net income per share from continuing operations – diluted | $ | 0.19 | | | $ | 0.06 | | | | | |
(1) Net income from continuing operations attributable to Colfax Corporation for the respective periods is calculated using Net income from continuing operations less the income attributable to noncontrolling interest, net of taxes, of $1.2 million for the three months ended April 2, 2021, and $1.0 million for the three months ended April 3, 2020, respectively.
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