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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
 12 Months Ended
Dec. 29, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
Unaudited quarterly financial information for 2012 and 2011, from continuing operations, is as follows:

(In millions, except per share amounts)
 
 
 
 
 
 
 
 
 
 
 
 
Net Sales
 
 
Gross Profit
 
Net Income
 
Net Income Attributable to Franklin Electric Co., Inc.
 
Basic Earnings Per Share
 
 
 
Diluted Earnings Per Share
2012
 
 
 
 
 
 
 
 
 
 
 
1st quarter
$
201.9

 
$
66.3

 
$
23.2

 
$
23.0

 
$
0.99

 
$
0.96

2nd quarter
246.7

 
84.3

 
25.2

 
24.8

 
1.06

 
1.04

3rd quarter
237.6

 
82.6

 
22.0

 
21.9

 
0.93

 
0.91

4th quarter
205.1

 
68.5

 
13.3

 
13.2

 
0.55

 
0.55

 
$
891.3

 
$
301.7

 
$
83.7

 
$
82.9

 
$
3.52

 
$
3.46

 
 
 
 
 
 
 
 
 
 
 
 
2011
 

 
 
 
 
 
 
 
 
 
 
1st quarter
$
185.4

 
$
60.5

 
$
10.9

 
$
10.7

 
$
0.46

 
$
0.45

2nd quarter
224.1

 
77.2

 
22.0

 
21.7

 
0.92

 
0.91

3rd quarter
224.4

 
73.7

 
19.3

 
19.2

 
0.82

 
0.80

4th quarter
187.2

 
60.9

 
11.5

 
11.5

 
0.51

 
0.50

 
$
821.1

 
$
272.3

 
$
63.7

 
$
63.1

 
$
2.71

 
$
2.65


Basic and diluted earnings per share amounts are computed independently for each of the quarters presented.  As a result, the sum of the quarterly earnings per share amounts may not equal the annual earnings per share amount.