Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

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.

	Quarter Ended				Year-To-Date Ended
(In millions, except per share data)	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
Numerator:
Net earnings attributable to Wolverine World Wide, Inc.	$	8.6	$	39.0	$	51.6	$	173.3
Adjustment for earnings allocated to non-vested restricted common stock	(0.2)		(0.8)		(1.2)		(3.4)
Net earnings used in calculating basic and diluted earnings per share	$	8.4	$	38.2	$	50.4	$	169.9
Denominator:
Weighted average shares outstanding	79.5		78.7		79.4		80.0
Effect of dilutive stock options	—		0.2		—		0.2
Shares used in calculating diluted earnings per share	79.5		78.9		79.4		80.2
Net earnings per share:
Basic	$	0.11	$	0.49	$	0.64	$	2.12
Diluted	$	0.11	$	0.48	$	0.64	$	2.12