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EARNINGS PER SHARE Details (USD $)
Share data in Millions, except Per Share data
3 Months Ended 6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Jul. 02, 2011
Jul. 03, 2010
Numerator:        
Net income attributable to Franklin Electric Co., Inc. $ 21,650,000 $ 11,135,000 $ 32,330,000 $ 18,463,000
Less: Undistributed earnings allocated to redeemable non- controlling interest 200,000 0 300,000 0
Net Income attributable to Franklin Electric Co., Inc. Excluding Undistributed Earnings $ 21,500,000 $ 11,100,000 $ 32,000,000 $ 18,500,000
Basic        
Weighted average common shares 23.2 23.3 23.2 23.2
Effect of dilutive securities:        
Employee and director incentive stock options and awards 0.5 0.3 0.5 0.3
Adjusted weighted average common shares 23.7 23.6 23.7 23.5
Basic earnings per share $ 0.92 $ 0.48 $ 1.38 $ 0.80
Diluted earnings per share $ 0.91 $ 0.47 $ 1.35 $ 0.79
Stock Options [Member]
       
Effect of dilutive securities:        
Anti-dilutive stock options 0.3 0.9 0.3 0.9
Anti-dilutive stock options price range – low $ 43.43 $ 28.82 $ 43.43 $ 28.82
Anti-dilutive stock options price range – high $ 48.87 $ 48.87 $ 48.87 $ 48.87