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Earnings Per Share (Tables)
12 Months Ended
Jan. 01, 2017
Earnings Per Share [Abstract]  
Common Stock Reconciliation of Basic and Diluted Earnings Per Share
The reconciliation of basic earnings per share on common stock for the year-end 2016, 2015 and 2014 follows (in millions of dollars except per share data).
 
2016
 
2015
 
2014
Net earnings
$
120.8

 
$
53.8

 
$
23.7

Less: Earnings allocated to participating securities
(2.6
)
 
(1.4
)
 
(0.7
)
Net earnings available to common shareholders
$
118.2

 
$
52.4

 
$
23.0

 
 
 
 
 
 
Average common shares outstanding (millions):
 
 
 
 
 
Basic
38.1

 
37.8

 
37.5

Dilutive share awards
0.3

 
0.1

 

Diluted
38.4

 
37.9

 
37.5

 
 
 
 
 
 
Basic earnings per share
$
3.10

 
$
1.39

 
$
0.61

Diluted earnings per share
$
3.08

 
$
1.39

 
$
0.61