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Earnings per Share and Stock Repurchase Program (Tables)
9 Months Ended
Sep. 24, 2023
Earnings per Share and Stock Repurchase Program  
Summary of reconciliation of the calculation of earnings per share

For the Third Quarter Ended September 24, 2023

For the Third Quarter Ended September 25, 2022

 

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

$

65.8

33.4

$

1.97

$

58.7

33.4

$

1.76

Effect of dilutive securities:

Common stock equivalents

0.1

(0.01)

0.1

(0.01)

Diluted EPS:

Net income

$

65.8

33.5

$

1.96

$

58.7

33.5

$

1.75

For the Nine Months Ended September 24, 2023

For the Nine Months Ended September 25, 2022

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

$

206.4

33.4

$

6.17

$

182.9

33.5

$

5.46

Effect of dilutive securities:

Common stock equivalents

0.1

(0.02)

 

0.2

(0.03)

Diluted EPS:

Net income

$

206.4

33.5

$

6.15

$

182.9

 

33.7

$

5.43