XML 86 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (EPS)
3 Months Ended
Mar. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share (EPS)
EARNINGS PER SHARE ("EPS")
The numerator for the calculation of basic and diluted earnings per share is Net Income Attributable to Regal Beloit Corporation. The denominator is computed as follows (in millions):
 
 
Three Months Ended
 
March 30,
2013
 
March 31,
2012
Denominator for basic EPS (weighted average)
45.0

 
41.6

Effect of dilutive securities
0.3

 
0.4

Denominator for diluted EPS
45.3

 
42.0



The “Effect of dilutive securities” represents the dilution impact of equity awards for the three months ended March 30, 2013 and March 31, 2012, respectively. For the three months ended March 30, 2013 and March 31, 2012, there were 0.6 million options and 0.4 million options, respectively, where the exercise price was above the average market price, and which were excluded from the calculation of the effect of dilutive shares as the effect of such options was anti-dilutive.