Earnings (Loss) Per Share (Tables)

12 Months Ended

Jan. 02, 2022

Earnings Per Share [Abstract]

Common Stock Reconciliation of Basic and Diluted Earnings Per Share

The reconciliation of basic earnings (loss) per share on common stock for the year-end 2021, 2020 and 2019 follows (in millions of dollars except per share data).

	2021		2020		2019
Net earnings (loss)	$	156.1	$	(72.0)	$	112.4
Less: Earnings allocated to participating securities	(1.4)		—		(1.1)
Net earnings (loss) available to common shareholders	$	154.7	$	(72.0)	$	111.3
Average common shares outstanding (millions):
Basic	39.4		39.3		39.1
Dilutive share awards	0.1		—		0.1
Diluted	39.5		39.3		39.2
Basic earnings (loss) per share	$	3.93	$	(1.83)	$	2.85
Diluted earnings (loss) per share	$	3.91	$	(1.83)	$	2.84