Earnings Per Share (Tables)

3 Months Ended

Apr. 01, 2012

Earnings Per Share [Abstract]

Computations of basic and diluted earnings per share

	First Quarter
	2012		2011
Net income from continuing operations	$	35.7	$	32.5
Loss from discontinued operations, net of income taxes		—		(0.5	)
Net income attributable to Teledyne	$	35.7	$	32.0
Basic earnings per common share:
Weighted average common shares outstanding		36.5		36.5
Basic earnings per common share
— Continuing operations	$	0.98	$	0.89
— Discontinued operations		—		(0.01	)
Basic earnings per common share	$	0.98	$	0.88
Diluted earnings per share:
Weighted average common shares outstanding		36.5		36.5
Dilutive effect of exercise of options outstanding		0.7		0.7
Weighted average diluted common shares outstanding		37.2		37.2
Diluted earnings per common share
— Continuing operations	$	0.96	$	0.87
— Discontinued operations		—		(0.01	)
Diluted earnings per common share	$	0.96	$	0.86