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Earnings Per Share
3 Months Ended
Mar. 29, 2014
Earnings Per Share
Earnings Per Share
The following table reconciles net earnings attributable to common shareowners and the weighted-average shares outstanding used to calculate basic and diluted earnings per share for the three months ended March 29, 2014 and March 30, 2013:
 
 
Year-to-Date
 
2014
 
2013
Numerator (in millions):
 
 
 
Net earnings from continuing operations attributable to common shareowners
$
166.8

 
$
85.1

Net loss from discontinued operations
(4.9
)
 
(4.0
)
Net earnings attributable to common shareowners
$
161.9

 
$
81.1

Less: Earnings attributable to participating restricted stock units (“RSU’s”)

 
(0.1
)
Net Earnings — basic
$
161.9

 
$
81.0

Net Earnings — dilutive
$
161.9

 
$
81.1


 
Year-to-Date
 
2014
 
2013
Denominator (in thousands):
 
 
 
Basic earnings per share — weighted-average shares
155,905

 
155,552

Dilutive effect of stock options, awards and convertible preferred units
3,046

 
3,442

Diluted earnings per share — weighted-average shares
158,951

 
158,994

Earnings per share of common stock:
 
 
 
Basic earnings (loss) per share of common stock:
 
 
 
Continuing operations
$
1.07

 
$
0.55

Discontinued operations
(0.03
)
 
(0.03
)
Total basic earnings per share of common stock
$
1.04

 
$
0.52

Diluted earnings (loss) per share of common stock:
 
 
 
Continuing operations
$
1.05

 
$
0.53

Discontinued operations
(0.03
)
 
(0.02
)
Total dilutive earnings per share of common stock
$
1.02

 
$
0.51


The following weighted-average stock options were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive (in thousands):
 
Year-to-Date
 
2014
 
2013
Number of stock options
955

 
995