Company: PRGO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001585364-25-000056
Chunk: 164

Company: PERRIGO Co plc
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 7
Chunk 164
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 per share ("EPS") calculation is as follows (in millions):  Three Months Ended March 29, 2025March 30, 2024Numerator:Income from continuing operations$0.1 $4.1 Loss from discontinued operations, net of tax(6.5)(2.1)Net income (loss) $(6.4)$2.0 Denominator:Weighted average shares outstanding for basic EPS137.7 136.6 Dilutive effect of share-based awards(1)— 1.0 Weighted average shares outstanding for diluted EPS137.7 137.6 (1) In the period of a net loss, diluted shares equal basic shares.Shareholders' Equity

In October 2018, our Board of Directors authorized up to $1.0 billion of share repurchases with no expiration date, subject to the Board of Directors’ approval of the pricing parameters and amount that may be repurchased under each specific share repurchase program (the "2018 Authorization"). We did not repurchase any shares during the three months ended March 29, 2025 or March 30, 2024. 

NOTE 13 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Changes in our AOCI balances, net of tax were as follows (in millions): Fair Value of Derivative Financial Instruments, net of taxForeign Currency Translation Adjustments, net of taxPost-Employment Plan Adjustments, net of taxTotal AOCIBalance at December 31, 2024$36.9 $(196.0)$(3.3)$(162.4)OCI before reclassifications(16.1)113.5 (0.3)97.1 Amounts reclassified from AOCI(5.1)— — (5.1)Other comprehensive income (loss)$(21.2)$113.5 $(0.3)$92.0 Balance at March 29, 2025$15.7 $(82.5)$(3.6)$(70.4)For additional details about the effect of the amounts reclassified from AOCI refer to Note 10.

23

Perrigo Company plc - Item 1Note 13

The tax effects on the net activity related to each component of other comprehensive income (loss), were as follows (in millions): Three Months EndedTax (benefit) expenseMarch