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Earnings Per Share (Tables)
6 Months Ended
Jun. 14, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
12 Weeks Ended
 
24 Weeks Ended
(In millions, except share and per share data)
June 14,
2014
 
June 15,
2013
 
June 14,
2014
 
June 15,
2013
Numerator:
 
 
 
 
 
 
 
Net earnings attributable to Wolverine World Wide, Inc.
$
27.5

 
$
17.9

 
$
64.6

 
$
47.7

Adjustment for earnings allocated to non-vested restricted common stock
(0.5
)
 
(0.3
)
 
(1.2
)
 
(0.9
)
Net earnings used in calculating basic earnings per share
27.0

 
17.6

 
63.4

 
46.8

Adjustment for earnings reallocated from non-vested restricted common stock
0.1

 

 
0.1

 

Net earnings used in calculating diluted earnings per share
$
27.1

 
$
17.6

 
$
63.5

 
$
46.8

Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding
101,435,465

 
100,327,444

 
101,198,265

 
99,894,398

Adjustment for non-vested restricted common stock
(3,284,621
)
 
(3,527,798
)
 
(3,213,033)

 
(3,224,326)

Shares used in calculating basic earnings per share
98,150,844

 
96,799,646

 
97,985,232

 
96,670,072

Effect of dilutive stock options
1,855,864

 
1,836,348

 
1,957,294

 
1,737,882

Shares used in calculating diluted earnings per share
100,006,708

 
98,635,994

 
99,942,526

 
98,407,954

Net earnings per share:
 
 
 
 
 
 
 
Basic
$
0.28

 
$
0.18

 
$
0.65

 
$
0.48

Diluted
$
0.27

 
$
0.18

 
$
0.64

 
$
0.48