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Net Income Per Share (Tables)
6 Months Ended
Jun. 29, 2013
Net Income Per Share  
Net income per common share was computed as follows:

 

 

 

 

Three Months Ended

 

Six Months Ended

 

(In millions, except per share amounts)

 

June 29,
2013

 

June 30,
2012

 

June 29,
2013

 

June 30,
2012

 

(A)

Income from continuing operations

 

$

70.8

 

$

49.1

 

$

137.6

 

$

93.7

 

(B)

(Loss) income from discontinued operations, net of tax

 

(2.0

)

15.1

 

(11.0

)

14.4

 

(C)

Net income available to common shareholders

 

$

68.8

 

$

64.2

 

$

126.6

 

$

108.1

 

(D)

Weighted-average number of common shares outstanding

 

99.3

 

103.4

 

99.7

 

104.6

 

 

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

 

1.5

 

.9

 

1.6

 

.7

 

(E)

Weighted-average number of common shares outstanding, assuming dilution

 

100.8

 

104.3

 

101.3

 

105.3

 

Net income per common share:

 

 

 

 

 

 

 

 

 

 

Continuing operations (A) ÷ (D)

 

$

.71

 

$

.47

 

$

1.38

 

$

.89

 

 

Discontinued operations (B) ÷ (D)

 

(.02

)

.15

 

(.11

)

.14

 

Net income per common share (C) ÷ (D)

 

$

.69

 

$

.62

 

$

1.27

 

$

1.03

 

Net income per common share, assuming dilution:

 

 

 

 

 

 

 

 

 

 

Continuing operations (A) ÷ (E)

 

$

.70

 

$

.47

 

$

1.36

 

$

.89

 

 

Discontinued operations (B) ÷ (E)

 

(.02

)

.15

 

(.11

)

.14

 

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

 

$

.68

 

$

.62

 

$

1.25

 

$

1.03