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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 28, 2013
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)
 
2013
 
2012
 
2011
Numerator:
 
 
 
 
 
 
Net income attributable to Franklin Electric Co., Inc.
 
$
82.0

 
$
82.9

 
$
63.1

Less: Undistributed earnings allocable to participating securities
 
1.0

 
0.6

 
—

Less: Undistributed earnings allocated to redeemable non-controlling interest
 
0.2

 
—

 
0.2

 
 
$
80.8

 
$
82.3

 
$
62.9

Denominator:
 
 

 
 

 
 

Basic
 
 

 
 

 
 

Weighted average common shares
 
47.5

 
46.9

 
46.4

Diluted
 
 

 
 

 
 

Effect of dilutive securities:
 
 

 
 

 
 

Non-participating employee and director incentive stock options and performance awards
 
0.6

 
0.8

 
1.0

Adjusted weighted average common shares
 
48.1

 
47.7

 
47.4

Basic earnings per share
 
$
1.70

 
$
1.76

 
$
1.36

Diluted earnings per share
 
$
1.68

 
$
1.73

 
$
1.33

Anti-dilutive stock options
 
0.1

 
0.1

 
0.6