Earnings Per Share (Tables)

9 Months Ended

Oct. 01, 2011

Weighted-Average Shares Outstanding Used to Calculate Basic and Diluted Earnings (Loss) Per Share

The following table reconciles the weighted-average shares outstanding used to calculate basic and diluted earnings per share for the three and nine months ended October 1, 2011 and October 2, 2010:

	Third Quarter				Year-to-Date
	2011		2010		2011		2010
Numerator (in millions):
Net Earnings Attributable to Stanley Black & Decker, Inc.	$	154.6	$	123.2	$	510.6	$	60.4
Less: Earnings Attributable to participating Restricted stock units (“RSU’s”)		0.3		0.3		1.1		0.1
Net Earnings— basic	$	154.3	$	122.9	$	509.5	$	60.3
Net Earnings — dilutive	$	154.6	$	123.2	$	510.6	$	60.4
Denominator (in thousands):
Basic earnings per share — weighted-average shares		164,962		165,793		166,524		141,071
Dilutive effect of stock options and awards		3,934		3,096		4,452		2,695
Diluted earnings per share — weighted-average shares		168,896		168,889		170,976		143,766
Earnings per share of common stock:
Basic	$	0.94	$	0.74	$	3.06	$	0.43
Diluted	$	0.92	$	0.73	$	2.99	$	0.42

Weighted-Average Shares Outstanding But Not Included in the Computation of Diluted Shares Outstanding

The following weighted-average stock options, restricted shares and awards, other equity awards, and warrants were outstanding during the three and nine months ended October 1, 2011 and October 2, 2010, respectively, but were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive (in thousands):

	Third Quarter				Year-to-Date
	2011		2010		2011		2010
Number of stock options		3,303		3,670		2,135		2,712
Number of stock warrants		4,939		4,939		4,939		4,939
Number of shares related to the May 2010 equity purchase contracts		—		—		—		3,325