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Earnings Per Share ("EPS")
6 Months Ended
Jun. 30, 2012
Earnings Per Share ("EPS")
5. Earnings Per Share (“EPS”)

Basic EPS is calculated based on income available to common stockholders and the weighted-average number of shares outstanding during the reported period. Diluted EPS reflects additional dilution from potential common stock issuable upon the exercise of outstanding stock options. The following table sets forth a reconciliation of the weighted average number of common shares outstanding to the weighted average number of shares outstanding on a diluted basis:

 

     Three Months Ended      Six Months Ended  
     June 30,      July 1,      June 30,      July 1,  
(In millions)    2012      2011      2012      2011  

Weighted average common shares outstanding - basic

     139.5         143.3         140.9         143.0   

Dilutive effect of stock options

     2.7         2.6         2.7         2.6   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding - diluted

     142.2         145.9         143.6         145.6   
  

 

 

    

 

 

    

 

 

    

 

 

 

Antidilutive stock options outstanding

     1.5         1.1         1.6         1.1