XML 61 R49.htm IDEA: XBRL DOCUMENT v3.8.0.1
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands, shares in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Sep. 30, 2017
Oct. 01, 2016
Numerator:        
Net income attributable to Franklin Electric Co., Inc. $ 24,470 $ 23,664 $ 70,109 $ 61,103
Less: Undistributed earnings allocated to participating securities 200 200 500 600
Less: Undistributed earnings allocated to redeemable noncontrolling interest 0 100 0 800
Net income available to common shareholders $ 24,300 $ 23,400 $ 69,600 $ 59,700
Basic        
Basic weighted average common shares outstanding (in shares) 46.5 46.3 46.5 46.2
Effect of dilutive securities:        
Non-participating employee stock options and performance awards (in shares) 0.5 0.6 0.5 0.5
Diluted weighted average common shares outstanding (in shares) 47.0 46.9 47.0 46.7
Basic earnings per share (in dollars per share) $ 0.52 $ 0.51 $ 1.50 $ 1.29
Diluted earnings per share (in dollars per share) $ 0.52 $ 0.50 $ 1.48 $ 1.28
Anti-dilutive stock options (in shares) 0.4 0.2 0.3 0.6