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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2023
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, 2023September 30, 2022September 30, 2023September 30, 2022
Numerator:  
Net income attributable to Franklin Electric Co., Inc.$57.8 $58.6 $154.7 $147.8 
Less: Earnings allocated to participating securities0.2 0.2 0.5 0.6 
Net income available to common shareholders$57.6 $58.4 $154.2 $147.2 
Denominator:  
Basic weighted average common shares outstanding46.2 46.3 46.2 46.4 
Effect of dilutive securities:  
Non-participating employee stock options, performance awards, and deferred shares to non-employee directors0.7 0.7 0.7 0.7 
Diluted weighted average common shares outstanding46.9 47.0 46.9 47.1 
Basic earnings per share$1.25 $1.26 $3.34 $3.17 
Diluted earnings per share$1.23 $1.24 $3.29 $3.13