Quarterly report pursuant to Section 13 or 15(d)

Earnings per Common Share (Tables)

v3.7.0.1
Earnings per Common Share (Tables)
 3 Months Ended
Apr. 01, 2017
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Common Share
Basic and diluted earnings per common share for the three months ended April 1, 2017 and April 2, 2016 were calculated as follows:
(in millions, except per share data)
April 1,
2017
 
April 2,
2016
Net earnings from continuing operations
$
64.9

 
$
63.2

Net earnings from discontinued operations, net of tax
—

 
1.6

Net earnings
$
64.9

 
$
64.8

 
 
 
 
Weighted average outstanding shares-basic
90.1

 
91.8

Dilutive effect of common stock equivalents
1.0

 
1.0

Weighted average outstanding shares-diluted
91.1

 
92.8

 
 
 
 
Basic earnings per common share:
 
 
 
Continuing operations
$
0.72

 
$
0.69

Discontinued operations
—

 
0.02

Net earnings
$
0.72

 
$
0.71

 
 
 
 
Diluted earnings per common share:
 
 
 
Continuing operations
$
0.71

 
$
0.68

Discontinued operations
—

 
0.02

Net earnings
$
0.71

 
$
0.70