XML 37 R75.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE (Details) (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 28, 2013
Sep. 28, 2013
Jun. 29, 2013
Mar. 30, 2013
Dec. 29, 2012
Sep. 29, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 28, 2013
Dec. 29, 2012
Dec. 31, 2011
Numerator:                      
Net income attributable to Franklin Electric Co., Inc. (in dollars) $ 13,300,000 $ 25,100,000 $ 28,100,000 $ 15,500,000 $ 13,200,000 $ 21,900,000 $ 24,800,000 $ 23,000,000 $ 81,958,000 $ 82,864,000 $ 63,099,000
Less: Undistributed earnings allocable to participating securities (in dollars)                 1,000,000 600,000 0
Less: Undistributed earnings allocated to redeemable noncontrolling interest (in dollars)                 200,000 0 200,000
Net income attributable to Franklin Electric Co., Inc. excluding undistributed earnings (in dollars)                 $ 80,800,000 $ 82,300,000 $ 62,900,000
Basic                      
Weighted average common shares (in shares)                 47.5 46.9 46.4
Effect of dilutive securities:                      
Non-participating employee and director incentive stock options and performance awards (in shares)                 0.6 0.8 1.0
Adjusted weighted average common shares (in shares)                 48.1 47.7 47.4
Basic earnings per share (in dollars per share) $ 0.27 $ 0.52 $ 0.59 $ 0.32 $ 0.28 $ 0.47 $ 0.53 $ 0.49 $ 1.70 $ 1.76 $ 1.36
Diluted earnings per share (in dollars per share) $ 0.27 $ 0.51 $ 0.58 $ 0.32 $ 0.27 $ 0.46 $ 0.52 $ 0.48 $ 1.68 $ 1.73 $ 1.33
Stock Options
                     
Effect of dilutive securities:                      
Anti-dilutive stock options (in shares)                 0.1 0.1 0.6