RECONCILIATION OF GAAP EPS TO ADJUSTED EPS
Three Months Ended | Six Months Ended | |||||||||||||||
July 2, 2022 | July 3, 2021 | July 2, 2022 | July 3, 2021 | |||||||||||||
Net Income - per diluted share | $ | 1.13 | $ | 0.91 | $ | 1.70 | $ | 1.35 | ||||||||
Per diluted share adjustments: | ||||||||||||||||
Add: | Amortization expense of intangible assets and acquisition-related costs | 0.50 | 0.58 | 1.06 | 1.21 | |||||||||||
Income tax expense | (0.14 | ) | (0.15 | ) | (0.28 | ) | (0.31 | ) | ||||||||
Adjusted EPS | $ | 1.49 | $ | 1.34 | $ | 2.48 | $ | 2.25 |