Quarterly report pursuant to Section 13 or 15(d)

Earnings per Common Share (Tables)

v3.4.0.3
Earnings per Common Share (Tables)
3 Months Ended
Apr. 02, 2016
Earnings Per Share [Abstract]  
Basic and diluted earnings per common share
Basic and diluted earnings per common share for the three months ended April 2, 2016 and April 4, 2015 were calculated as follows:
(in millions, except per share data)
 
April 2,
2016
 
April 4,
2015
Net earnings from continuing operations
 
$
63.2

 
$
56.6

Net earnings from discontinued operations, net of tax
 
1.6

 
0.4

Net earnings
 
$
64.8

 
$
57.0

 
 
 
 
 
Weighted average outstanding shares – basic
 
91.8

 
93.8

Dilutive effect of common stock equivalents
 
1.0

 
1.4

Weighted average outstanding shares – diluted
 
92.8

 
95.2

 
 
 
 
 
Basic earnings per common share:
 
 
 
 
Continuing operations
 
$
0.69

 
$
0.60

Discontinued operations
 
0.02

 
0.01

Net earnings
 
$
0.71

 
$
0.61

 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
Continuing operations
 
$
0.68

 
$
0.59

Discontinued operations
 
0.02

 
0.01

Net earnings
 
$
0.70

 
$
0.60