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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2015
Sep. 28, 2014
Sep. 27, 2015
Sep. 28, 2014
Income Statement [Abstract]        
Net sales [1] $ 555.4 $ 601.1 $ 1,698.1 $ 1,771.7
Costs and expenses        
Cost of sales 345.8 375.4 1,049.4 1,095.5
Selling, general and administrative expenses 140.1 151.4 443.0 461.6
Total costs and expenses 485.9 526.8 1,492.4 1,557.1
Operating income 69.5 74.3 205.7 214.6
Interest expense, net (6.0) (4.6) (17.9) (13.9)
Other income (expense), net (2.1) (1.8) 2.1 7.0
Income before income taxes 61.4 67.9 189.9 207.7
Provision for income taxes 13.1 13.0 49.9 51.0
Net income 48.3 54.9 140.0 156.7
Noncontrolling interest   0.7 0.3 0.8
Net income attributable to Teledyne $ 48.3 $ 55.6 $ 140.3 $ 157.5
Basic earnings per common share (in USD per share) $ 1.37 $ 1.49 $ 3.96 $ 4.21
Weighted average common shares outstanding (in shares) 35.3 37.2 35.4 37.4
Diluted earnings per common share (in USD per share) $ 1.34 $ 1.47 $ 3.88 $ 4.13
Weighted average diluted common shares outstanding (in shares) 36.1 37.8 36.2 38.1
[1] (a)Net sales excludes inter-segment sales of $4.8 million and $14.7 million for the third quarter and nine months ended September 27, 2015, respectively, and $4.9 million and $14.8 million for the third quarter and nine months ended September 28, 2014, respectively.