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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 28, 2013
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
Unaudited quarterly financial information for 2013 and 2012, 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
2013
 
 
 
 
 
 
 
 
 
 
 
1st quarter
$
222.5

 
$
73.9

 
$
15.6

 
$
15.5

 
$
0.32

 
$
0.32

2nd quarter
263.4

 
94.6

 
28.4

 
28.1

 
0.59

 
0.58

3rd quarter
249.8

 
87.0

 
25.3

 
25.1

 
0.52

 
0.51

4th quarter
229.8

 
76.0

 
13.4

 
13.3

 
0.27

 
0.27

 
$
965.5

 
$
331.5

 
$
82.7

 
$
82.0

 
$
1.70

 
$
1.68

 
 
 
 
 
 
 
 
 
 
 
 
2012
 

 
 
 
 
 
 
 
 
 
 
1st quarter
$
201.9

 
$
66.3

 
$
23.2

 
$
23.0

 
$
0.49

 
$
0.48

2nd quarter
246.7

 
84.3

 
25.2

 
24.8

 
0.53

 
0.52

3rd quarter
237.6

 
82.6

 
22.0

 
21.9

 
0.47

 
0.46

4th quarter
205.1

 
68.5

 
13.3

 
13.2

 
0.28

 
0.27

 
$
891.3

 
$
301.7

 
$
83.7

 
$
82.9

 
$
1.76

 
$
1.73


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.

Shares and per share data have been adjusted for all periods presented to reflect a two-for-one stock split effective March 18, 2013.