The computation of basic and diluted earnings per share is as follows:
| (In millions, except per share amounts) | Fiscal Quarter Ended | |
Fiscal Nine Months Ended | |
| | | October 1, 2011 | | | October 2, 2010 | | | October 1, 2011 | | | October 2, 2010 | | | |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income | $ |
41.2 | | $ |
29.2 | | $ |
72.4 | | $ |
94.4 | | | Less: income attributable to noncontrolling interest |
| (0.2 | ) | | (0.1 | ) | | (0.6 | ) | | (0.5 |
) | | Income attributable to Jones | |
41.0 | | |
29.1 | | |
71.8 | | |
93.9 | | | Less: income allocated to participating securities |
| (1.4 | ) | | (1.3 | ) | | (2.2 | ) | | (4.2 | ) | | Income available to common stockholders of Jones |
$ | 39.6 |
| $ | 27.8 |
| $ | 69.6 |
| $ | 89.7 |
| | Weighted average shares outstanding - basic | |
78.6 |
|
|
82.2 |
|
|
80.8 |
|
|
82.1 |
|
| Effect of dilutive employee stock options and restricted stock |
| 1.8 | | | 0.7 | | | 1.5 | | | 0.6 | | | Weighted average shares outstanding - diluted | | 80.4 | | | 82.9 | |
| 82.3 | | | 82.7 | |
| Earnings per common share attributable to Jones | | | | | | | | | | | | | |
Basic |
$ | 0.50 |
|
$ |
0.34 |
|
$ |
0.86 |
|
$ |
1.09 |
|
| Diluted |
| 0.49 | |
| 0.34 | | | 0.85 | |
|
1.09 | |
|