EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 29, 2014

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)	March 29, 2014		March 30, 2013
Numerator:
Net income attributable to Franklin Electric Co., Inc.	$	17.0	$	15.5
Less: Undistributed earnings allocable to participating securities	0.3		0.2
	$	16.7	$	15.3
Denominator:
Basic
Weighted average common shares	47.7		47.3
Diluted
Effect of dilutive securities:
Non-participating employee and director incentive stock options and performance awards	0.6		0.7
Adjusted weighted average common shares	48.3		48.0
Basic earnings per share	$	0.35	$	0.32
Diluted earnings per share	$	0.35	$	0.32
Anti-dilutive stock options	—		—