Quarterly report pursuant to Section 13 or 15(d)

Earnings per Common Share (Tables)

v2.4.0.8
Earnings per Common Share (Tables)
 9 Months Ended
Sep. 27, 2014
Earnings Per Share [Abstract]  
Basic and diluted earnings per common share
Basic and diluted earnings per common share for the three months and nine months ended September 27, 2014 and September 28, 2013, were calculated as follows:
 
Three Months Ended
 
Nine Months Ended
(in millions, except per share data)
September 27,
2014
 
September 28,
2013
 
September 27,
2014
 
September 28,
2013
Net earnings from continuing operations
$
61.0

 
$
57.2

 
$
197.2

 
$
178.1

Net earnings from discontinued operations, net of tax
43.4

 
0.6

 
52.8

 
9.9

Net earnings
$
104.4

 
$
57.8

 
$
250.0

 
$
188.0

 
 
 
 
 
 
 
 
Weighted average outstanding shares – basic
93.7

 
91.3

 
93.5

 
91.0

Dilutive effect of common stock equivalents
1.5

 
2.7

 
1.6

 
2.7

Weighted average outstanding shares – diluted
95.2

 
94.0

 
95.1

 
93.7

 
 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.65

 
$
0.63

 
$
2.11

 
$
1.96

Discontinued operations
0.46

 
0.00

 
0.56

 
0.11

Net earnings
$
1.11

 
$
0.63

 
$
2.67

 
$
2.07

 
 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.64

 
$
0.61

 
$
2.07

 
$
1.90

Discontinued operations
0.46

 
0.00

 
0.56

 
0.11

Net earnings
$
1.10

 
$
0.61

 
$
2.63

 
$
2.01