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Earnings per Share and Stock Repurchase Program (Tables)
3 Months Ended
Apr. 01, 2018
Earnings per Share and Stock Repurchase Program  
Summary of reconciliation of the calculation of earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the First Quarter Ended April 1, 2018

 

For the First Quarter Ended April 2, 2017

 

 

 

Income

 

Shares

 

Per Share

 

Income

 

Shares

 

Per Share

 

 

    

(Numerator)

    

(Denominator)

    

Amount

    

(Numerator)

    

(Denominator)

    

Amount

 

 

 

(Amounts in millions, except per share information)

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

28.2

 

34.3

 

$

0.82

 

$

21.7

 

34.4

 

$

0.63

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents

 

 

 

 

0.1

 

 

 

 

 

 

 

0.1

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

28.2

 

34.4

 

$

0.82

 

$

21.7

 

34.5

 

$

0.63

 

 

Summary of the cost and number of Class A common stock repurchased

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the First Quarter Ended

 

For the First Quarter Ended

 

 

 

April 1, 2018

 

April 2, 2017

 

 

 

Number of shares

 

Cost of shares

 

Number of shares

 

Cost of shares

 

 

    

repurchased

    

repurchased

    

repurchased

    

repurchased

 

 

 

(amounts in millions, except share amount)

 

Total stock repurchased during the period:

 

80,055

 

$

6.2

 

69,112

 

$

4.4