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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2022
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 EndedSix Months Ended
(In millions, except per share amounts)June 30, 2022June 30, 2021June 30, 2022June 30, 2021
Numerator:  
Net income attributable to Franklin Electric Co., Inc.$59.4 $39.1 $89.1 $67.0 
Less: Earnings allocated to participating securities0.2 0.2 0.4 0.4 
Net income available to common shareholders$59.2 $38.9 $88.7 $66.6 
Denominator:  
Basic weighted average common shares outstanding46.3 46.5 46.4 46.4 
Effect of dilutive securities:  
Non-participating employee stock options, performance awards, and deferred shares to non-employee directors0.6 0.6 0.7 0.6 
Diluted weighted average common shares outstanding46.9 47.1 47.1 47.0 
Basic earnings per share$1.27 $0.84 $1.91 $1.44 
Diluted earnings per share$1.26 $0.83 $1.89 $1.42