EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2018

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)	2018		2017		2016
Numerator:
Net income attributable to Franklin Electric Co., Inc.	$	105.9	$	78.2	$	78.7
Less: Earnings allocated to participating securities	0.8		0.6		0.7
Less: Earnings allocated to redeemable noncontrolling interest	—		—		1.0
Net income available to common shareholders	$	105.1	$	77.6	$	77.0
Denominator:
Basic weighted average common shares outstanding	46.6		46.5		46.2
Effect of dilutive securities:
Non-participating employee stock options and performance awards	0.4		0.5		0.5
Diluted weighted average common shares outstanding	47.0		47.0		46.7
Basic earnings per share	$	2.25	$	1.67	$	1.67
Diluted earnings per share	$	2.23	$	1.65	$	1.65