Earnings per Share and Stock Repurchase Program (Tables)

6 Months Ended

Jul. 01, 2018

Earnings per Share and Stock Repurchase Program

Summary of reconciliation of the calculation of earnings per share

	For the Second Quarter Ended July 1, 2018					For the Second Quarter Ended July 2, 2017
	Income		Shares	Per Share		Income		Shares	Per Share
	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
	(Amounts in millions, except per share information)
Basic EPS:
Net income	$	36.0	34.4	$	1.05	$	27.2	34.5	$	0.79
Effect of dilutive securities:
Common stock equivalents			—					—
Diluted EPS:
Net income	$	36.0	34.4	$	1.05	$	27.2	34.5	$	0.79

	For the Six Months Ended July 1, 2018					For the Six Months Ended July 2, 2017
	Income		Shares	Per Share		Income		Shares	Per Share
	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
	(Amounts in millions, except per share information)
Basic EPS:
Net income	$	64.2	34.4	$	1.87	$	48.9	34.5	$	1.42
Effect of dilutive securities:
Common stock equivalents			—					—
Diluted EPS:
Net income	$	64.2	34.4	$	1.87	$	48.9	34.5	$	1.42

Summary of the cost and number of Class A common stock repurchased

	For the Second Quarter Ended			For the Second Quarter Ended
	July 1, 2018			July 2, 2017
	Number of shares	Cost of shares		Number of shares	Cost of shares
	repurchased	repurchased		repurchased	repurchased
	(amounts in millions, except share amount)
Total stock repurchased during the period:	58,579	$	4.5	72,674	$	4.5

	For the Six Months Ended			For the Six Months Ended
	July 1, 2018			July 2, 2017
	Number of shares	Cost of shares		Number of shares	Cost of shares
	repurchased	repurchased		repurchased	repurchased
	(amounts in millions, except share amount)
Total stock repurchased during the period:	138,634	$	10.8	141,786	$	9.0