Earnings per share (Tables)

9 Months Ended

Sep. 26, 2021

Basic and diluted earnings per share were calculated as follows:


	Third Quarter				Year-to-date
In millions except share and per-share data	2021		2020		2021		2020
Basic earnings:
Net income from continuing operations	$	6.0	$	2.4	$	26.5	$	14.2
Net (loss) / income from discontinued operations	(1.2)		0.2		3.8		(1.3)
Net income	$	4.8	$	2.6	$	30.3	$	12.9

Weighted average number of £0.50 ordinary shares:
For basic earnings per share	27,722,472		27,619,298		27,718,874		27,532,823
Dilutive effect of potential common stock	311,260		394,408		353,281		426,119
For diluted earnings per share	28,033,732		28,013,706		28,072,155		27,958,942

Earnings / (loss) per share using weighted average number of ordinary shares outstanding3:
Basic earnings per ordinary share for continuing operations	$	0.22	$	0.09	$	0.96	$	0.52
Basic (loss) / earnings per ordinary share for discontinued operations	(0.04)		0.01		0.14		(0.05)
Basic earnings per ordinary share	$	0.17	$	0.09	$	1.09	$	0.47

Diluted earnings per ordinary share for continuing operations	$	0.21	$	0.09	$	0.94	$	0.51
Diluted (loss) / earnings per ordinary share for discontinued operations	(0.04)		0.01		0.14		(0.05)
Diluted earnings per ordinary share	$	0.17	$	0.09	$	1.08	$	0.46

3 The calculation of earnings per share is performed separately for continuing and discontinued operations. As a result, the sum of the two in any particular period may not equal the earnings-per-share amount in total