Earnings Per Share (Tables)

3 Months Ended

Mar. 30, 2024

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
(In millions, except per share data)	March 30, 2024		April 1, 2023
Numerator:
Net earnings (loss) attributable to Wolverine World Wide, Inc.	$	(14.5)	$	19.0
Adjustment for earnings allocated to non-vested restricted common stock	(0.3)		(0.4)
Net earnings (loss) used in calculating basic and diluted earnings per share	$	(14.8)	$	18.6
Denominator:
Weighted average shares outstanding	79.8		79.2
Effect of dilutive stock options	—		—
Shares used in calculating diluted earnings per share	79.8		79.2
Net earnings per share:
Basic	$	(0.19)	$	0.23
Diluted	$	(0.19)	$	0.23