Earnings per Share and Stock Repurchase Program (Tables)

9 Months Ended

Sep. 29, 2019

Earnings per Share and Stock Repurchase Program

Summary of reconciliation of the calculation of earnings per share

	For the Third Quarter Ended September 29, 2019					For the Third Quarter Ended September 30, 2018
	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	$	32.3	34.0	$	0.95	$	31.5	34.3	$	0.92
Effect of dilutive securities:
Common stock equivalents			0.2		(0.01)			0.1
Diluted EPS:
Net income	$	32.3	34.2	$	0.94	$	31.5	34.4	$	0.92

	For the Nine Months Ended September 29, 2019					For the Nine Months Ended September 30, 2018
	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	$	99.7	34.1	$	2.92	$	95.7	34.3	$	2.79
Effect of dilutive securities:
Common stock equivalents			0.1		(0.01)			0.1		(0.01)
Diluted EPS:
Net income	$	99.7	34.2	$	2.91	$	95.7	34.4	$	2.78

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

	For the Third Quarter Ended			For the Third Quarter Ended
	September 29, 2019			September 30, 2018
	Number of shares	Cost of shares		Number of shares	Cost of shares
	repurchased	repurchased		repurchased	repurchased
	(Amounts in millions, except share amount)
Stock repurchase programs:
July 27 2015	15,907	$	1.5	57,156	$	4.7
February 6, 2019	32,036		3.0	—		—
Total stock repurchased during the period:	47,943	$	4.5	57,156	$	4.7

	For the Nine Months Ended			For the Nine Months Ended
	September 29, 2019			September 30, 2018
	Number of shares	Cost of shares		Number of shares	Cost of shares
	repurchased	repurchased		repurchased	repurchased
	(Amounts in millions, except share amount)
Stock repurchase programs:
July 27 2015	146,304	$	11.8	195,790	$	15.5
February 6, 2019	32,036		3.0	—		—
Total stock repurchased during the period:	178,340	$	14.8	195,790	$	15.5