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Earnings Per Share
12 Months Ended
Jan. 01, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computations of basic and diluted earnings per common share (amounts in millions, except per share data):
Earnings Per Common Share:202220212020
Net income attributable to Teledyne$788.6 $445.3 $401.9 
Basic earnings per common share:
Weighted average common shares outstanding46.8 43.2 36.7 
Basic earnings per common share$16.85 $10.31 $10.95 
Diluted earnings per share:
Weighted average common shares outstanding46.8 43.2 36.7 
Effect of diluted securities (primarily stock options)0.9 1.1 1.2 
Weighted average diluted common shares outstanding47.7 44.3 37.9 
Diluted earnings per common share$16.53 $10.05 $10.62 
In 2022, 2021 and 2020, the Company excluded approximately 0.2 million of stock options in the computation of diluted earnings per share because the effect of their inclusion would have been anti-dilutive.