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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 29, 2012
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:

(In millions, except per share amounts)
 
2012
 
2011
 
2010
 
 
 
 
 
 

Numerator:
 
 
 
 
 
 
Net income attributable to Franklin Electric Co., Inc.
 
$
82.9

 
$
63.1

 
$
38.9

Less: Undistributed earnings allocable to participating securities
 
0.6

 
—

 
—

Less: Undistributed earnings allocated to redeemable non-controlling interest
 
—

 
0.2

 
—

 
 
$
82.3

 
$
62.9

 
$
38.9

Denominator:
 
 

 
 

 
 

Basic
 
 

 
 

 
 

Weighted average common shares
 
23.4

 
23.2

 
23.2

Diluted
 
 

 
 

 
 

Effect of dilutive securities:
 
 

 
 

 
 

Non-participating employee and director incentive stock options
 
0.4

 
0.5

 
0.3

Adjusted weighted average common shares
 
23.8

 
23.7

 
23.5

Basic earnings per share
 
$
3.52

 
$
2.71

 
$
1.68

Diluted earnings per share
 
$
3.46

 
$
2.65

 
$
1.65

Anti-dilutive stock options
 
0.1

 
0.3

 
0.8