XML 45 R32.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

3 Months Ended

Apr. 04, 2025

Schedule of Computation of Earnings Per Share and Effect on Weighted-Average Number of Shares

The following table shows the computation of basic and diluted earnings per share:


	First Quarter of
	2025		2024
(In millions, except per share amounts)
Numerator:
Net income	$	66.7	$	57.2
Denominator:
Weighted-average shares of common stock outstanding - basic	243.3		245.5
Effect of dilutive securities	2.9		1.9
Weighted-average shares of common stock outstanding - diluted	246.2		247.4

Basic earnings per share	$	0.27	$	0.23
Diluted earnings per share	$	0.27	$	0.23

Antidilutive weighted-average shares (1)	0.1		0.8

(1) Antidilutive stock-based awards are excluded from the calculation of diluted shares and diluted earnings per share because their impact would increase diluted earnings per share.