EARNINGS PER SHARE AND SHAREHOLDERS' EQUITY

Earnings per Share

A reconciliation of the numerators and denominators used in the basic and diluted earnings per share ("EPS") calculation is as follows (in millions):



	Three Months Ended					Nine Months Ended
	September 30, 2017		October 1, 2016			September 30, 2017		October 1, 2016
Numerator:
Net income (loss)	$	44.5	$	(1,590.2	)	$	46.4	$	(2,653.7	)

Denominator:
Weighted average shares outstanding for basic EPS	141.3		143.3			142.5		143.2
Dilutive effect of share-based awards*	0.4		—			0.3		—
Weighted average shares outstanding for diluted EPS	141.7		143.3			142.8		143.2

Anti-dilutive share-based awards excluded from computation of diluted EPS*	1.0		—			0.8		—

* In the period of a net loss, diluted shares equal basic shares.

Shareholders' Equity

We issued shares related to the exercise and vesting of share-based compensation as follows:



Three Months Ended		Nine Months Ended
September 30, 2017	October 1, 2016	September 30, 2017	October 1, 2016
99,800	185,000	146,100	283,000

Share Repurchases

On October 22, 2015, the Board of Directors approved a share repurchase plan of up to $2.0 billion (the "2015 Authorization"). During the three and nine months ended September 30, 2017, we repurchased 1.9 million and 2.7 million ordinary shares at an average repurchase price of $71.73 and $71.72 per share, for a total of $133.3 million and $191.5 million, respectively. As of September 30, 2017, there was $1.3 billion still available to be repurchased through December 31, 2018 under the 2015 Authorization. We did not repurchase any shares under the share repurchase plan during the nine months ended October 1, 2016.