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Net Income Per Common Share (Tables) | 3 Months Ended
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Mar. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Net Income Per Common Share | Net income per common share was computed as follows:
|  |  | Three Months Ended
(In millions, except per share amounts) |  |  |  |  | March 30, 2024 |  | April 1, 2023
(A)Net income |  |  |  |  | $ | 172.4 |  |  | $ | 121.2 |
(B)Weighted average number of common shares outstanding |  |  |  |  | 80.5 |  |  | 80.9 |
Dilutive shares (additional common shares issuable under stock-based awards) |  |  |  |  | .5 |  |  | .6 |
(C)Weighted average number of common shares outstanding, assuming dilution |  |  |  |  | 81.0 |  |  | 81.5 |
Net income per common share: (A) ÷ (B) |  |  |  |  | $ | 2.14 |  |  | $ | 1.50 |
Net income per common share, assuming dilution: (A) ÷ (C) |  |  |  |  | $ | 2.13 |  |  | $ | 1.49 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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