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Earnings Per Share (Tables)
9 Months Ended
Sep. 27, 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):
 
Third Quarter
 
Nine Months
 
2015
 
2014
 
2015
 
2014
Net income attributable to Teledyne
$
48.3

 
$
55.6

 
$
140.3

 
$
157.5

Basic earnings per share:
 
 
 
 
 
 
 
Weighted average common shares outstanding
35.3

 
37.2

 
35.4

 
37.4

 
 
 
 
 
 
 
 
Basic earnings per common share
$
1.37

 
$
1.49

 
$
3.96

 
$
4.21

Diluted earnings per share:
 
 
 
 
 
 
 
Weighted average common shares outstanding
35.3

 
37.2

 
35.4

 
37.4

Effect of dilutive securities
0.8

 
0.6

 
0.8

 
0.7

Weighted average diluted common shares outstanding
36.1

 
37.8

 
36.2

 
38.1

 
 
 
 
 
 
 
 
Diluted earnings per common share
$
1.34

 
$
1.47

 
$
3.88

 
$
4.13