EARNINGS PER SHARE

6 Months Ended

Jun. 27, 2025

Basic earnings per share (EPS) is computed by dividing net income, or loss, by the weighted average number of common shares outstanding for the period. Diluted EPS reflects potential dilution that could occur if securities to issue common stock were exercised or converted into common stock. Diluted EPS includes the dilutive effect of stock-based compensation outstanding after application of the treasury stock method.


	Three Months Ended			Six Months Ended
		June 27,		June 28,		June 27,		June 28,
(In thousands, except per share data)		2025		2024		2025		2024
Net income (loss)		$	22,391	$	(6,544)	$	30,498	$	(5,400)

Weighted average common shares outstanding		31,693		31,470		31,643		31,411
Add: Dilutive impact of stock options		18		—		18		—
Add: Dilutive impact of restricted stock units		172		—		225		—
Diluted weighted average common shares outstanding		31,883		31,470		31,886		31,411

Earnings (loss) per share
Basic		$	0.71	$	(0.21)	$	0.96	$	(0.17)
Diluted		$	0.70	$	(0.21)	$	0.96	$	(0.17)

The following table summarizes the weighted average of anti-dilutive securities excluded from the diluted EPS calculation.


	Three Months Ended		Six Months Ended
		June 27,	June 28,	June 27,	June 28,
(In thousands)		2025	2024	2025	2024

Anti-dilutive restricted stock units and performance share units		104	11	45	58
Total		104	11	45	58

V2X, Inc. 10-Q