Quarterly report pursuant to Section 13 or 15(d)

Earnings per Common Share (Tables)

v3.8.0.1
Earnings per Common Share (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per Common Share
Basic and diluted earnings per common share for the three months ended March 31, 2018 and April 1, 2017 were calculated as follows:
 
Three Months Ended
(in millions, except per share data)
March 31,
2018
 
April 1,
2017
Net earnings from continuing operations
$
80.5

 
$
74.2

Loss from discontinued operations, net of tax
(7.6
)
 
(9.3
)
Net earnings
$
72.9

 
$
64.9

 
 
 
 
Weighted average outstanding shares-basic
88.1

 
90.1

Dilutive effect of common stock equivalents
0.7

 
1.0

Weighted average outstanding shares-diluted
88.8

 
91.1

 
 
 
 
Basic earnings (loss) per common share:
 
 
 
Continuing operations
$
0.92

 
$
0.82

Discontinued operations
(0.09
)
 
(0.10
)
Net earnings
$
0.83

 
$
0.72

 
 
 
 
Diluted earnings (loss) per common share:
 
 
 
Continuing operations
$
0.91

 
$
0.81

Discontinued operations
(0.09
)
 
(0.10
)
Net earnings
$
0.82

 
$
0.71