EARNINGS PER SHARE

3 Months Ended

Apr. 03, 2021

Diluted earnings per share is calculated based upon earnings applicable to common shares divided by the weighted-average number of common shares outstanding during the period adjusted for the effect of other dilutive securities. The amount of the anti-dilutive shares were zero and 0.4 million for the three months ended April 3, 2021 and March 28, 2020, respectively. The following table reconciles the basic and diluted shares used in earnings per share calculations for the three months ended April 3, 2021 and March 28, 2020 (in millions):


	Three Months Ended
	April 3, 2021	March 28, 2020
Denominator for Basic Earnings Per Share	40.6	40.6
Effect of Dilutive Securities	0.4	0.2
Denominator for Diluted Earnings Per Share	41.0	40.8