Net Income Per Common Share (Tables)

9 Months Ended

Oct. 03, 2015

Net Income Per Common Share

Schedule of net income per common share

		Three Months Ended					Nine Months Ended
(In millions, except per share amounts)		October 3, 2015		September 27, 2014			October 3, 2015			September 27, 2014
(A)	Income from continuing operations	$	81.3	$	60.9		$	217.9		$	177.5
(B)	Income (loss) from discontinued operations, net of tax	.4		(.7		)	(.6		)	(3.0		)
(C)	Net income available to common shareholders	$	81.7	$	60.2		$	217.3		$	174.5
(D)	Weighted average number of common shares outstanding	91.5		93.3			91.1			94.7
	Dilutive shares (additional common shares issuable under stock-based awards)	1.7		1.9			1.8			1.9
(E)	Weighted average number of common shares outstanding, assuming dilution	93.2		95.2			92.9			96.6
Net income (loss) per common share:
Continuing operations (A) ÷ (D)		$	.89	$	.65		$	2.39		$	1.87
Discontinued operations (B) ÷ (D)		–		–			–			(.03		)
Net income per common share (C) ÷ (D)		$	.89	$	.65		$	2.39		$	1.84
Net income (loss) per common share, assuming dilution:
Continuing operations (A) ÷ (E)		$	.87	$	.64		$	2.35		$	1.84
Discontinued operations (B) ÷ (E)		.01		(.01		)	(.01		)	(.03		)
Net income per common share, assuming dilution (C) ÷ (E)		$	.88	$	.63		$	2.34		$	1.81