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EARNINGS PER SHARE
 9 Months Ended
Sep. 28, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table reconciles net earnings (loss) and the weighted-average shares outstanding used to calculate basic and diluted earnings (loss) per share of common stock for the three and nine months ended September 28, 2024 and September 30, 2023:
Third QuarterYear-to-Date
2024202320242023
Numerator (in millions):
Net earnings (loss) from continuing operations $91.1 $4.7 $91.4 $(5.6)
Net earnings (loss) from discontinued operations— — 8.0 (0.5)
Net Earnings (Loss)$91.1 $4.7 $99.4 $(6.1)

Third QuarterYear-to-Date
2024202320242023
Denominator (in thousands):
Basic weighted-average shares outstanding150,580 149,799 150,405 149,687 
Dilutive effect of stock contracts and awards885 746 778 — 
Diluted weighted-average shares outstanding151,465 150,545 151,183 149,687 

Third QuarterYear-to-Date
2024202320242023
Earnings (loss) per share of common stock:
Basic earnings (loss) per share of common stock:
Continuing operations$0.61 $0.03 $0.61 $(0.04)
Discontinued operations$— $— $0.05 $— 
Total basic earnings (loss) per share of common stock$0.61 $0.03 $0.66 $(0.04)
Diluted earnings (loss) per share of common stock:
Continuing operations$0.60 $0.03 $0.60 $(0.04)
Discontinued operations$— $— $0.05 $— 
Total diluted earnings (loss) per share of common stock$0.60 $0.03 $0.66 $(0.04)


The following weighted-average stock options were not included in the computation of weighted-average diluted shares outstanding because the effect would be anti-dilutive (in thousands):
Third QuarterYear-to-Date
2024202320242023
Number of stock options5,063 5,048 5,265 5,547 
In March 2015, the Company entered into a forward share purchase contract with a financial institution counterparty for 3,645,510 shares of common stock. The contract obligates the Company to pay $350.0 million, plus an additional amount related to the forward component of the contract. In June 2024, the Company amended the settlement date to June 2026, or earlier at the Company's option. The reduction of common shares outstanding was recorded at the inception of the forward share purchase contract in March 2015 and factored into the calculation of weighted-average shares outstanding at that time.