Earnings Per Share (Tables)

3 Months Ended

Mar. 29, 2015

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
	2015		2014
Net income attributable to Teledyne	$	43.7	$	45.8
Basic earnings per share:
Weighted average common shares outstanding	35.7		37.5
Basic earnings per common share	$	1.22	$	1.22
Diluted earnings per share:
Weighted average common shares outstanding	35.7		37.5
Dilutive effect of exercise of options outstanding	0.8		0.8
Weighted average diluted common shares outstanding	36.5		38.3
Diluted earnings per common share	$	1.20	$	1.20