XML 86 R71.htm IDEA: XBRL DOCUMENT v3.22.4
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands, shares in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Numerator:      
Net income attributable to Franklin Electric Co., Inc. $ 187,332 $ 153,860 $ 100,460
Less: Earnings allocated to participating securities 700 900 700
Net income available to common shareholders $ 186,600 $ 153,000 $ 99,800
Denominator:      
Basic weighted average common shares outstanding (in shares) 46.3 46.4 46.2
Effect of dilutive securities:      
Non-participating employee stock options and performance awards (in shares) 0.7 0.6 0.5
Diluted weighted average common shares outstanding (in shares) 47.0 47.0 46.7
Basic $ 4.02 $ 3.29 $ 2.16
Diluted $ 3.97 $ 3.25 $ 2.14
Anti-dilutive stock options (in shares) 0.1 0.1 0.2