Quarterly report pursuant to Section 13 or 15(d)

Earnings per Common Share (Tables)

v3.5.0.2
Earnings per Common Share (Tables)
 9 Months Ended
Oct. 01, 2016
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 1, 2016 and October 3, 2015 were calculated as follows:
 
Three Months Ended
 
Nine Months Ended
(in millions, except per share data)
October 1,
2016
 
October 3,
2015
 
October 1,
2016
 
October 3,
2015
Net earnings from continuing operations
$
85.3

 
$
72.2

 
$
256.6

 
$
236.4

Earnings from discontinued operations, net of tax
0.1

 
3.7

 
1.7

 
14.3

Net earnings
$
85.4

 
$
75.9

 
$
258.3

 
$
250.7

 
 
 
 
 
 
 
 
Weighted average outstanding shares – basic
91.1

 
92.7

 
91.5

 
93.3

Dilutive effect of common stock equivalents
0.8

 
1.3

 
0.9

 
1.2

Weighted average outstanding shares – diluted
91.9

 
94.0

 
92.4

 
94.5

 
 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.94

 
$
0.78

 
$
2.80

 
$
2.54

Discontinued operations
0.00

 
0.04

 
0.02

 
0.15

Net earnings
$
0.94

 
$
0.82

 
$
2.82

 
$
2.69

 
 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.93

 
$
0.77

 
$
2.78

 
$
2.50

Discontinued operations
0.00

 
0.04

 
0.02

 
0.15

Net earnings
$
0.93

 
$
0.81

 
$
2.80

 
$
2.65