Quarterly report pursuant to Section 13 or 15(d)

Earnings per Common Share (Tables)

v3.3.0.814
Earnings per Common Share (Tables)
 9 Months Ended
Oct. 03, 2015
Earnings Per Share [Abstract]  
Basic and diluted earnings per common share
Basic and diluted earnings per common share for the three months and nine months ended October 3, 2015 and September 27, 2014, were calculated as follows:
 
Three Months Ended
 
Nine Months Ended
(in millions, except per share data)
October 3,
2015
 
September 27,
2014
 
October 3,
2015
 
September 27,
2014
Net earnings from continuing operations
$
72.2

 
$
61.0

 
$
236.4

 
$
197.2

Net earnings from discontinued operations, net of tax
3.7

 
43.4

 
14.3

 
52.8

Net earnings
$
75.9

 
$
104.4

 
$
250.7

 
$
250.0

 
 
 
 
 
 
 
 
Weighted average outstanding shares – basic
92.7

 
93.7

 
93.3

 
93.5

Dilutive effect of common stock equivalents
1.3

 
1.5

 
1.2

 
1.6

Weighted average outstanding shares – diluted
94.0

 
95.2

 
94.5

 
95.1

 
 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.78

 
$
0.65

 
$
2.54

 
$
2.11

Discontinued operations
0.04

 
0.46

 
0.15

 
0.56

Net earnings
$
0.82

 
$
1.11

 
$
2.69

 
$
2.67

 
 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.77

 
$
0.64

 
$
2.50

 
$
2.07

Discontinued operations
0.04

 
0.46

 
0.15

 
0.56

Net earnings
$
0.81

 
$
1.10

 
$
2.65

 
$
2.63