Earnings Per Share (Tables)

9 Months Ended

Sep. 28, 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):

	Third Quarter				Nine Months
	2014		2013		2014		2013
Net income attributable to Teledyne	$	55.6	$	46.8	$	157.5	$	130.1
Basic earnings per share:
Weighted average common shares outstanding	37.2		37.3		37.4		37.3
Basic earnings per common share	$	1.49	$	1.25	$	4.21	$	3.49
Diluted earnings per share:
Weighted average common shares outstanding	37.2		37.3		37.4		37.3
Dilutive effect of exercise of options outstanding	0.6		0.8		0.7		0.7
Weighted average diluted common shares outstanding	37.8		38.1		38.1		38.0
Diluted earnings per common share	$	1.47	$	1.23	$	4.13	$	3.42