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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share:
Third Quarter EndedNine Months Ended
(In millions, except per share amounts)September 30, 2021September 30, 2020September 30, 2021September 30, 2020
Numerator:  
Net income attributable to Franklin Electric Co., Inc.$46.2 $38.4 $113.2 $73.7 
Less: Earnings allocated to participating securities0.3 0.3 0.7 0.5 
Net income available to common shareholders$45.9 $38.1 $112.5 $73.2 
Denominator:  
Basic weighted average common shares outstanding46.5 46.2 46.4 46.2 
Effect of dilutive securities:  
Non-participating employee stock options and performance awards0.5 0.4 0.6 0.4 
Diluted weighted average common shares outstanding47.0 46.6 47.0 46.6 
Basic earnings per share$0.99 $0.82 $2.43 $1.58 
Diluted earnings per share$0.98 $0.82 $2.40 $1.57