EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2019

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:

	Second Quarter Ended				Six Months Ended
(In millions, except per share amounts)	June 30, 2019		June 30, 2018		June 30, 2019		June 30, 2018
Numerator:
Net income attributable to Franklin Electric Co., Inc.	$	32.7	$	30.5	$	41.8	$	51.7
Less: Earnings allocated to participating securities	0.2		0.2		0.3		0.4
Net income available to common shareholders	$	32.5	$	30.3	$	41.5	$	51.3
Denominator:
Basic weighted average common shares outstanding	46.3		46.5		46.3		46.5
Effect of dilutive securities:
Non-participating employee stock options and performance awards	0.4		0.5		0.4		0.5
Diluted weighted average common shares outstanding	46.7		47.0		46.7		47.0
Basic earnings per share	$	0.70	$	0.65	$	0.89	$	1.10
Diluted earnings per share	$	0.70	$	0.64	$	0.89	$	1.09