SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Jan. 03, 2015

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Unaudited quarterly financial information for 2014 and 2013, 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
2014
1st quarter	$	231.4	$	78.1	$	17.4	$	17.0	$	0.35	$	0.35
2nd quarter	284.5		99.4		27.5		27.1		0.56		0.55
3rd quarter	278.1		89.2		22.8		22.7		0.46		0.46
4th quarter	253.8		77.7		3.2		3.0		0.06		0.06
	$	1,047.8	$	344.4	$	70.9	$	69.8	$	1.43	$	1.41

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

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.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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