RECONCILIATION OF GAAP EPS TO ADJUSTED EPS
Three Months Ended | Nine Months Ended | |||||||||||||||
September 30,
2023 | October 1, 2022 |
September 30,
2023 | October 1, 2022 | |||||||||||||
Net Income - per diluted share | $ | 0.86 | $ | 1.05 | $ | 2.24 | $ | 2.75 | ||||||||
Per diluted share adjustments: | ||||||||||||||||
Add: | Amortization expense of intangible assets and acquisition-related costs | 0.85 | 0.59 | 1.98 | 1.66 | |||||||||||
Income tax expense | (0.20 | ) | (0.14 | ) | (0.55 | ) | (0.42 | ) | ||||||||
Adjusted EPS | $ | 1.51 | $ | 1.50 | $ | 3.67 | $ | 3.99 |