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Net Income Per Share (Tables)
9 Months Ended
Sep. 29, 2012
Net Income Per Share  
Net income per common share was computed as follows:

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

(In millions, except per share amounts)

 

 

September 29,
2012

 

October 1,
2011

 

September 29,
2012

 

October 1,
2011

 

(A)      Income from continuing operations

 

 

$   38.1

 

$   35.4

 

$  135.7

 

$  125.4

 

(B)      Income from discontinued operations

 

 

20.2

 

14.4

 

30.7

 

42.5

 

(C)      Net income available to common shareholders

 

 

$   58.3

 

$   49.8

 

$   166.4

 

$  167.9

 

(D)      Weighted-average number of common shares outstanding

 

 

101.1

 

106.0

 

103.4

 

105.7

 

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

 

 

1.1

 

.6

 

.8

 

1.0

 

(E)      Weighted-average number of common shares outstanding, assuming dilution

 

 

102.2

 

106.6

 

104.2

 

106.7

 

Net income per common share:

 

 

 

 

 

 

 

 

 

 

Continuing operations (A) ÷ (D)

 

 

$     .38

 

$     .33

 

$    1.31

 

$    1.19

 

Discontinued operations (B) ÷ (D)

 

 

.20

 

.14

 

.30

 

.40

 

Net income per common share (C) ÷ (D)

 

 

$     .58

 

$     .47

 

$    1.61

 

$    1.59

 

Net income per common share, assuming dilution:

 

 

 

 

 

 

 

 

 

 

Continuing operations (A) ÷ (E)

 

 

$     .37

 

$     .33

 

$    1.30

 

$    1.17

 

Discontinued operations (B) ÷ (E)

 

 

.20

 

.14

 

.30

 

.40

 

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

 

 

$     .57

 

$     .47

 

$    1.60

 

$    1.57