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Earnings per Share and Stock Repurchase Program (Tables)
3 Months Ended
Mar. 27, 2022
Earnings per Share and Stock Repurchase Program  
Summary of reconciliation of the calculation of earnings per share

For the First Quarter Ended March 27, 2022

For the First Quarter Ended March 28, 2021

 

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

$

54.5

33.7

$

1.62

$

41.7

33.8

$

1.23

Effect of dilutive securities:

Common stock equivalents

0.1

(0.01)

 

0.1

Diluted EPS:

Net income

$

54.5

33.8

$

1.61

$

41.7

 

33.9

$

1.23