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Earnings per Share and Stock Repurchase Program (Tables) | 6 Months Ended
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Jul. 01, 2018
Earnings per Share and Stock Repurchase Program |
Summary of reconciliation of the calculation of earnings per share |
|  | For the Second Quarter Ended July 1, 2018 |  | For the Second Quarter Ended July 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 |  | $ | 36.0 |  | 34.4 |  | $ | 1.05 |  | $ | 27.2 |  | 34.5 |  | $ | 0.79 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock equivalents |  |  |  |  | — |  |  |  |  |  |  |  | — |  |  |  |
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 36.0 |  | 34.4 |  | $ | 1.05 |  | $ | 27.2 |  | 34.5 |  | $ | 0.79 |
|  | For the Six Months Ended July 1, 2018 |  | For the Six Months Ended July 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 |  | $ | 64.2 |  | 34.4 |  | $ | 1.87 |  | $ | 48.9 |  | 34.5 |  | $ | 1.42 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock equivalents |  |  |  |  | — |  |  |  |  |  |  |  | — |  |  |  |
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 64.2 |  | 34.4 |  | $ | 1.87 |  | $ | 48.9 |  | 34.5 |  | $ | 1.42 |
Summary of the cost and number of Class A common stock repurchased |
|  | For the Second Quarter Ended |  | For the Second Quarter Ended
|  | July 1, 2018 |  | July 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: |  | 58,579 |  | $ | 4.5 |  | 72,674 |  | $ | 4.5
|  | For the Six Months Ended |  | For the Six Months Ended |
|  | July 1, 2018 |  | July 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: |  | 138,634 |  | $ | 10.8 |  | 141,786 |  | $ | 9.0 |

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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/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's number of shares repurchased and cost of repurchase during the period. + References No definition available. + Details
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