Basic and diluted earnings (loss) per common share for the three months ended March 30, 2013 and March 31, 2012, were calculated as follows:
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Three Months Ended |
(in millions, except per share data) |
March 30,
2013 |
|
March 31,
2012 |
Net earnings from continuing operations |
$ |
54.9 |
|
|
$ |
47.0 |
|
Net loss from discontinued operations, net of tax |
(5.1 |
) |
|
(7.3 |
) |
Net earnings |
$ |
49.8 |
|
|
$ |
39.7 |
|
|
|
|
|
Weighted average outstanding shares – basic |
90.6 |
|
|
89.5 |
|
Dilutive effect of common stock equivalents |
2.9 |
|
|
2.8 |
|
Weighted average outstanding shares – diluted |
93.5 |
|
|
92.3 |
|
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|
|
|
Basic earnings (loss) per common share: |
|
|
|
Continuing operations |
$ |
0.61 |
|
|
$ |
0.52 |
|
Discontinued operations |
(0.06 |
) |
|
(0.08 |
) |
Net earnings |
$ |
0.55 |
|
|
$ |
0.44 |
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|
|
|
Diluted earnings (loss) per common share: |
|
|
|
Continuing operations |
$ |
0.59 |
|
|
$ |
0.51 |
|
Discontinued operations |
(0.06 |
) |
|
(0.08 |
) |
Net earnings |
$ |
0.53 |
|
|
$ |
0.43 |
|
|