* Acquisition-related costs include contingent consideration fair value adjustments.
RECONCILIATION OF GAAP EPS TO ADJUSTED EPS
| ||||||||||||||||
Three Months Ended | Twelve Months Ended | |||||||||||||||
December 30, 2023 | December 31, 2022 | December 30, 2023 | December 31, 2022 | |||||||||||||
Net Income - per diluted share | $ | 0.64 | $ | 0.52 | $ | 2.88 | $ | 3.27 | ||||||||
Per diluted share adjustments: | ||||||||||||||||
Add: | Amortization expense of intangible assets | 0.76 | 0.52 | 2.82 | 2.12 | |||||||||||
Acquisition-related costs* | (0.06 | ) | 0.30 | (0.14 | ) | 0.36 | ||||||||||
Income tax expense | (0.20 | ) | (0.13 | ) | (0.75 | ) | (0.56 | ) | ||||||||
Adjusted EPS | $ | 1.14 | $ | 1.21 | $ | 4.81 | $ | 5.19 |