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Net Income Per Common Share | 9 Months Ended
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Sep. 27, 2025
Earnings Per Share [Abstract] |
Net Income Per Common Share | Net Income Per Common Share Net income per common share was computed as follows:
| Three Months Ended |  | Nine Months Ended
(In millions, except per share amounts) | September 27, 2025 |  | September 28, 2024 |  | September 27, 2025 |  | September 28, 2024
(A)Net income | $ | 166.3 |  |  | $ | 181.7 |  |  | $ | 521.6 |  |  | $ | 530.9 |
(B)Weighted average number of common shares outstanding | 77.9 |  |  | 80.5 |  |  | 78.5 |  |  | 80.5 |
Dilutive shares (additional common shares issuable under stock-based awards) | .1 |  |  | .3 |  |  | .1 |  |  | .4 |
(C)Weighted average number of common shares outstanding, assuming dilution | 78.0 |  |  | 80.8 |  |  | 78.6 |  |  | 80.9 |
Net income per common share: (A) ÷ (B) | $ | 2.13 |  |  | $ | 2.26 |  |  | $ | 6.64 |  |  | $ | 6.60 |
Net income per common share, assuming dilution: (A) ÷ (C) | $ | 2.13 |  |  | $ | 2.25 |  |  | $ | 6.64 |  |  | $ | 6.56 |
Certain stock-based compensation awards were excluded from the computation of net income per common share, assuming dilution, because they would not have had a dilutive effect. Stock-based compensation awards excluded from the computation totaled 0.1 million for the three and nine months ended September 27, 2025 and September 28, 2024.

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