EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 08, 2012

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	12 Weeks Ended						36 weeks Ended
	September 8, 2012			September 10, 2011			September 8, 2012			September 10, 2011
Numerator:
Net earnings attributable to Wolverine World Wide, Inc.	$	32,727		$	40,435		$	84,403		$	100,274
Adjustment for earnings allocated to non-vested restricted common stock		(537	)		(667	)		(1,463	)		(1,660	)
Net earnings used in calculating basic earnings per share		32,190			39,768			82,940			98,614
Adjustment for earnings reallocated from non-vested restricted common stock		22			22			59			54
Net earnings used in calculating diluted earnings per share	$	32,212		$	39,790		$	82,999		$	98,668
Denominator:
Weighted average shares outstanding		48,871,922			48,935,385			48,666,772			49,222,489
Adjustment for non-vested restricted common stock		(1,379,484	)		(1,472,537	)		(1,392,401	)		(1,447,687	)
Shares used in calculating basic earnings per share		47,492,438			47,462,848			47,274,371			47,774,802
Effect of dilutive stock options		1,122,179			1,267,681			1,126,277			1,298,245
Shares used in calculating diluted earnings per share		48,614,617			48,730,529			48,400,648			49,073,047
Net earnings per share:
Basic	$	0.68		$	0.84		$	1.75		$	2.06
Diluted	$	0.66		$	0.82		$	1.71		$	2.01