Quarterly report pursuant to Section 13 or 15(d)

Earnings per Common Share (Tables)

v3.2.0.727
Earnings per Common Share (Tables)
6 Months Ended
Jul. 04, 2015
Earnings Per Share [Abstract]  
Basic and diluted earnings per common share
Basic and diluted earnings per common share for the three months and six months ended July 4, 2015 and June 28, 2014, were calculated as follows:
 
Three Months Ended
 
Six Months Ended
(in millions, except per share data)
July 4,
2015
 
June 28,
2014
 
July 4,
2015
 
June 28,
2014
Net earnings from continuing operations
$
107.6

 
$
87.1

 
$
164.2

 
$
136.2

Net earnings from discontinued operations, net of tax
10.2

 
1.5

 
10.6

 
9.4

Net earnings
$
117.8

 
$
88.6

 
$
174.8

 
$
145.6

 
 
 
 
 
 
 
 
Weighted average outstanding shares – basic
93.3

 
93.5

 
93.6

 
93.4

Dilutive effect of common stock equivalents
1.3

 
1.6

 
1.2

 
1.6

Weighted average outstanding shares – diluted
94.6

 
95.1

 
94.8

 
95.0

 
 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
1.15

 
$
0.93

 
$
1.76

 
$
1.46

Discontinued operations
0.11

 
0.02

 
0.11

 
0.10

Net earnings
$
1.26

 
$
0.95

 
$
1.87

 
$
1.56

 
 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
1.14

 
$
0.92

 
$
1.73

 
$
1.43

Discontinued operations
0.11

 
0.01

 
0.11

 
0.10

Net earnings
$
1.25

 
$
0.93

 
$
1.84

 
$
1.53