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Earnings Per Share (Tables)
8 Months Ended
Sep. 10, 2016
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
 
36 Weeks Ended
(In millions, except per share data)
September 10,
2016
 
September 12,
2015
 
September 10,
2016
 
September 12,
2015
Numerator:
 
 
 
 
 
 
 
Net earnings attributable to Wolverine World Wide, Inc.
$
48.2

 
$
45.8

 
$
89.6

 
$
111.2

Adjustment for earnings allocated to non-vested restricted common stock
(1.0
)
 
(0.8
)
 
(1.9
)
 
(2.0
)
Net earnings used in calculating basic earnings per share
47.2

 
45.0

 
87.7

 
109.2

Adjustment for earnings reallocated from non-vested restricted common stock

 

 

 
0.1

Net earnings used in calculating diluted earnings per share
$
47.2

 
$
45.0

 
$
87.7

 
$
109.3

Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding
99.4

 
103.0

 
99.4

 
102.9

Adjustment for non-vested restricted common stock
(3.8
)
 
(3.3
)
 
(3.8)

 
(3.4)

Shares used in calculating basic earnings per share
95.6

 
99.7

 
95.6

 
99.5

Effect of dilutive stock options
1.3

 
1.6

 
0.7

 
1.7

Shares used in calculating diluted earnings per share
96.9

 
101.3

 
96.3

 
101.2

Net earnings per share:
 
 
 
 
 
 
 
Basic
$
0.49

 
$
0.45

 
$
0.92

 
$
1.10

Diluted
$
0.49

 
$
0.44

 
$
0.91

 
$
1.08