Net Income Per Share Attributable to Lear

9 Months Ended

Sep. 27, 2025

Net Income Per Share Attributable to Lear

Basic net income per share attributable to Lear is computed by dividing net income attributable to Lear by the average number of common shares outstanding during the period. Common shares issuable upon the satisfaction of certain conditions pursuant to a contractual agreement are considered common shares outstanding and are included in the computation of basic net income per share attributable to Lear.

Diluted net income per share attributable to Lear is computed using the treasury stock method by dividing net income attributable to Lear by the average number of common shares outstanding, including the dilutive effect of common stock equivalents using the average share price during the period.

A summary of information used to compute basic and diluted net income per share attributable to Lear is shown below (in millions, except share and per share data):


	Three Months Ended				Nine Months Ended
	September 27, 2025		September 28, 2024		September 27, 2025		September 28, 2024
Net income attributable to Lear	$	108.2	$	135.8	$	354.1	$	418.5

Average common shares outstanding	53,222,383		56,038,579		53,631,217		56,737,212
Dilutive effect of common stock equivalents	430,880		335,256		344,944		320,256
Average diluted shares outstanding	53,653,263		56,373,835		53,976,161		57,057,468

Basic net income per share attributable to Lear	$	2.03	$	2.42	$	6.60	$	7.38

Diluted net income per share attributable to Lear	$	2.02	$	2.41	$	6.56	$	7.33

LEAR CORP 10-Q