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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 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:
Third Quarter EndedNine Months Ended
(In millions, except per share amounts)September 30, 2022September 30, 2021September 30, 2022September 30, 2021
Numerator:  
Net income attributable to Franklin Electric Co., Inc.$58.6 $46.2 $147.8 $113.2 
Less: Earnings allocated to participating securities0.2 0.3 0.6 0.7 
Net income available to common shareholders$58.4 $45.9 $147.2 $112.5 
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 directors0.7 0.5 0.7 0.6 
Diluted weighted average common shares outstanding47.0 47.0 47.1 47.0 
Basic earnings per share$1.26 $0.99 $3.17 $2.43 
Diluted earnings per share$1.24 $0.98 $3.13 $2.40