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Consolidated Condensed Statements of Operations and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Income Statement [Abstract]        
Revenue $ 349.1 $ 568.6 $ 788.4 $ 1,092.0
Cost of goods sold 201.9 338.2 459.4 641.4
Gross profit 147.2 230.4 329.0 450.6
Selling, general and administrative expenses 143.6 168.7 299.7 332.7
Environmental and other related costs, net of recoveries (3.9) 6.2 4.9 10.0
Operating profit 7.5 55.5 24.4 107.9
Other expenses:        
Interest expense, net 10.5 6.7 18.3 13.6
Debt extinguishment and other costs 0.2 0.0 0.2 0.0
Other income, net (1.7) (1.0) (2.3) (2.3)
Total other expenses 9.0 5.7 16.2 11.3
Earnings (loss) before income taxes (1.5) 49.8 8.2 96.6
Income tax expense (benefit) 0.4 9.6 (2.7) 15.8
Net earnings (loss) (1.9) 40.2 10.9 80.8
Less: net earnings (loss) attributable to noncontrolling interests (0.3) 0.0 (0.5) 0.1
Net earnings (loss) attributable to Wolverine World Wide, Inc. $ (1.6) $ 40.2 $ 11.4 $ 80.7
Net earnings (loss) per share (see Note 3):        
Basic $ (0.02) $ 0.45 $ 0.14 $ 0.89
Diluted $ (0.02) $ 0.45 $ 0.14 $ 0.88
Comprehensive income (loss) $ (1.8) $ 39.8 $ 0.4 $ 83.2
Less: comprehensive income (loss) attributable to noncontrolling interests (0.2) (0.1) (1.6) 0.2
Comprehensive income (loss) attributable to Wolverine World Wide, Inc. $ (1.6) $ 39.9 $ 2.0 $ 83.0
Cash dividends declared per share $ 0.10 $ 0.10 $ 0.20 $ 0.20