RECONCILIATION OF GAAP EPS TO ADJUSTED EPS
Three Months Ended | Six Months Ended | |||||||||||||||
July 1, 2023 | July 2, 2022 | July 1, 2023 | July 2, 2022 | |||||||||||||
Net Income - per diluted share | $ | 1.00 | $ | 1.13 | $ | 1.39 | $ | 1.70 | ||||||||
Per diluted share adjustments: | ||||||||||||||||
Add: | Amortization expense of intangible assets and acquisition-related costs | 0.49 | 0.50 | 1.13 | 1.06 | |||||||||||
Income tax expense | (0.20 | ) | (0.14 | ) | (0.36 | ) | (0.28 | ) | ||||||||
Adjusted EPS | $ | 1.29 | $ | 1.49 | $ | 2.16 | $ | 2.48 | ||||||||