Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) per Common Share (Tables)

v2.4.0.8
Earnings (Loss) per Common Share (Tables)
6 Months Ended
Jun. 28, 2014
Earnings Per Share [Abstract]  
Basic and diluted earnings (loss) per common share
Basic and diluted earnings (loss) per common share for the three months and six months ended June 28, 2014 and June 29, 2013, were calculated as follows:
 
Three Months Ended
 
Six Months Ended
(in millions, except per share data)
June 28,
2014
 
June 29,
2013
 
June 28,
2014
 
June 29,
2013
Net earnings from continuing operations
$
88.6

 
$
79.3

 
$
145.6

 
$
134.2

Net earnings (loss) from discontinued operations, net of tax

 
1.1

 

 
(4.0
)
Net earnings
$
88.6

 
$
80.4

 
$
145.6

 
$
130.2

 
 
 
 
 
 
 
 
Weighted average outstanding shares – basic
93.5

 
91.0

 
93.4

 
90.8

Dilutive effect of common stock equivalents
1.6

 
2.6

 
1.6

 
2.8

Weighted average outstanding shares – diluted
95.1

 
93.6

 
95.0

 
93.6

 
 
 
 
 
 
 
 
Basic earnings (loss) per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.95

 
$
0.87

 
$
1.56

 
$
1.48

Discontinued operations

 
0.01

 

 
(0.05
)
Net earnings
$
0.95

 
$
0.88

 
$
1.56

 
$
1.43

 
 
 
 
 
 
 
 
Diluted earnings (loss) per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.93

 
$
0.85

 
$
1.53

 
$
1.43

Discontinued operations

 
0.01

 

 
(0.04
)
Net earnings
$
0.93

 
$
0.86

 
$
1.53

 
$
1.39