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Earnings Per Share (Tables)
3 Months Ended
Mar. 30, 2014
Earnings Per Share [Abstract]  
Computations of basic and diluted earnings per share
The following table sets forth the computations of basic and diluted earnings per share (amounts in millions, except per share data):
 
First Quarter
 
2014
 
2013
Net income attributable to Teledyne
$
45.8

 
$
40.4

Basic earnings per share:
 
 
 
Weighted average common shares outstanding
37.5

 
37.2

Basic earnings per common share
$
1.22

 
$
1.09

Diluted earnings per share:
 
 
 
Weighted average common shares outstanding
37.5

 
37.2

Dilutive effect of exercise of options outstanding
0.8

 
0.6

Weighted average diluted common shares outstanding
38.3

 
37.8

Diluted earnings per common share
$
1.20

 
$
1.07