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Earnings per Share and Stock Repurchase Program (Tables)
3 Months Ended
Mar. 28, 2021
Earnings per Share and Stock Repurchase Program  
Summary of reconciliation of the calculation of earnings per share

For the First Quarter Ended March 28, 2021

For the First Quarter Ended March 29, 2020

 

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

$

41.7

33.8

$

1.23

$

32.0

34.0

$

0.94

Effect of dilutive securities:

Common stock equivalents

0.1

 

0.1

Diluted EPS:

Net income

$

41.7

33.9

$

1.23

$

32.0

 

34.1

$

0.94

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

For the First Quarter Ended

For the First Quarter Ended

March 28, 2021

March 29, 2020

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:

$150 million

31,153

$

3.8

174,707

$

14.7

Total stock repurchased during the period:

 

31,153

$

3.8

 

174,707

$

14.7