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 29, 2018			September 30, 2017		September 29, 2018		September 30, 2017
Numerator:
Net income (loss)	$	(67.5	)	$	44.5	$	49.6	$	46.4

Denominator:
Weighted average shares outstanding for basic EPS	137.4			141.3		138.5		142.5
Dilutive effect of share-based awards*	—			0.4		0.5		0.3
Weighted average shares outstanding for diluted EPS	137.4			141.7		139.0		142.8

Anti-dilutive share-based awards excluded from computation of diluted EPS	—			1.0		1.2		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 29, 2018	September 30, 2017	September 29, 2018	September 30, 2017
90,000	99,800	217,000	146,100

Share Repurchases

In October 2015, the Board of Directors approved a three-year share repurchase plan of up to $2.0 billion. During the three and nine months ended September 29, 2018, we repurchased 1.8 million and 5.1 million ordinary shares at an average repurchase price of $73.46 and $77.93 per share, for a total of $135.0 million and $400.0 million, respectively. 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. Given the expiration of the previous authorization, in October 2018, the Board of Directors authorized up to $1.0 billion of shares repurchase authorization. This authorization has no expiration date.