EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2025

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:

	First Quarter Ended
(In millions, except per share amounts)	March 31, 2025		March 31, 2024
Numerator:
Net income attributable to Franklin Electric Co., Inc.	$	31.0	$	33.0
Less: Earnings allocated to participating securities	0.1		0.1
Net income available to common shareholders	$	30.9	$	32.9
Denominator:
Basic weighted average common shares outstanding	45.7		46.1
Effect of dilutive securities:
Non-participating employee stock options, performance awards, and deferred shares to non-employee directors	0.6		0.6
Diluted weighted average common shares outstanding	46.3		46.7
Basic earnings per share	$	0.67	$	0.71
Diluted earnings per share	$	0.67	$	0.70