Earnings per Share (Tables)

9 Months Ended

Oct. 01, 2017

Earnings per Share

Summary of reconciliation of the calculation of earnings per share

	For the Third Quarter Ended October 1, 2017					For the Third Quarter Ended October 2, 2016
	Income		Shares	Per Share		Income		Shares	Per Share
	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
	(Amounts in millions, except per share information)
Basic EPS:
Net income	$	26.5	34.4	$	0.77	$	21.9	34.5	$	0.63
Effect of dilutive securities:
Common stock equivalents			—					—
Diluted EPS:
Net income	$	26.5	34.4	$	0.77	$	21.9	34.5	$	0.63

Options to purchase 0.1 million shares of Class A common stock were outstanding during the third quarters of 2017 and 2016, but were not included in the computation of diluted EPS because to do so would be anti-dilutive.

	For the Nine Months Ended October 1, 2017					For the Nine Months Ended October 2, 2016
	Income		Shares	Per Share		Income		Shares	Per Share
	(Numerator)		(Denominator)	Amount		(Numerator)		(Denominator)	Amount
	(Amounts in millions, except per share information)
Basic EPS:
Net income	$	75.4	34.4	$	2.19	$	66.7	34.5	$	1.93
Effect of dilutive securities:
Common stock equivalents			0.1					—
Diluted EPS:
Net income	$	75.4	34.5	$	2.19	$	66.7	34.5	$	1.93

Summary of the cost and number of Class A common stock repurchased

	For the Third Quarter Ended			For the Third Quarter Ended
	October 1, 2017			October 2, 2016
	Number of shares	Cost of shares		Number of shares	Cost of shares
	repurchased	repurchased		repurchased	repurchased
	(amounts in millions, except share amount)
Total stock repurchased during the period:	72,669	$	4.7	74,038	$	4.6

	For the Nine Months Ended			For the Nine Months Ended
	October 1, 2017			October 2, 2016
	Number of shares	Cost of shares		Number of shares	Cost of shares
	repurchased	repurchased		repurchased	repurchased
	(amounts in millions, except share amount)
Total stock repurchased during the period:	214,455	$	13.6	433,429	$	22.2