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NET INCOME PER COMMON SHARE (Tables)
12 Months Ended
Dec. 30, 2017
NET INCOME PER COMMON SHARE  
Schedule of net income per common share

 

                                                                                                                                                                                                             

(In millions, except per share amounts)

 

2017

 

2016

 

2015

 

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(A)

 

Income from continuing operations

 

$

281.8

 

$

320.7

 

$

274.4

 

(B)

 

Loss from discontinued operations, net of tax

 

 

 

 

 

 

(.1

)

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(C)

 

Net income available to common shareholders

 

$

281.8

 

$

320.7

 

$

274.3

 

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(D)

 

Weighted average number of common shares outstanding

 

 

88.3

 

 

89.1

 

 

91.0

 

 

 

Dilutive shares (additional common shares issuable under stock-based awards)

 

 

1.8

 

 

1.6

 

 

1.9

 

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(E)

 

Weighted average number of common shares outstanding, assuming dilution

 

 

90.1

 

 

90.7

 

 

92.9

 

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Net income per common share:

 

 

 

 

 

 

 

 

 

 

Continuing operations (A) ÷ (D)

 

$

3.19

 

$

3.60

 

$

3.01

 

Discontinued operations (B) ÷ (D)

 

 

 

 

 

 

 

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Net income per common share (C) ÷ (D)

 

$

3.19

 

$

3.60

 

$

3.01

 

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Net income per common share, assuming dilution:

 

 

 

 

 

 

 

 

 

 

Continuing operations (A) ÷ (E)

 

$

3.13

 

$

3.54

 

$

2.95

 

Discontinued operations (B) ÷ (E)

 

 

 

 

 

 

 

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Net income per common share, assuming dilution (C) ÷ (E)

 

$

3.13

 

$

3.54

 

$

2.95

 

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