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Earnings per Share and Stock Repurchase Program (Tables) | 9 Months Ended
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Sep. 30, 2018
Earnings per Share and Stock Repurchase Program |
Summary of reconciliation of the calculation of earnings per share |
|  | For the Three Months Ended September 30, 2018 |  | For the Three Months Ended October 1, 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 |  | $ | 31.5 |  | 34.3 |  | $ | 0.92 |  | $ | 26.5 |  | 34.4 |  | $ | 0.77 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock equivalents |  |  |  |  | 0.1 |  |  |  |  |  |  |  | — |  |  |  |
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 31.5 |  | 34.4 |  | $ | 0.92 |  | $ | 26.5 |  | 34.4 |  | $ | 0.77 |
|  | For the Nine Months Ended September 30, 2018 |  | For the Nine Months Ended October 1, 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 |  | $ | 95.7 |  | 34.3 |  | $ | 2.79 |  | $ | 75.4 |  | 34.4 |  | $ | 2.19 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock equivalents |  |  |  |  | 0.1 |  |  | (0.01) |  |  |  |  | 0.1 |  |  |  |
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 95.7 |  | 34.4 |  | $ | 2.78 |  | $ | 75.4 |  | 34.5 |  | $ | 2.19 |
Summary of the cost and number of Class A common stock repurchased |
|  | For the Three Months Ended |  | For the Three Months Ended
|  | September 30, 2018 |  | October 1, 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: |  | 57,156 |  | $ | 4.7 |  | 72,669 |  | $ | 4.7
|  | For the Nine Months Ended |  | For the Nine Months Ended |
|  | September 30, 2018 |  | October 1, 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: |  | 195,790 |  | $ | 15.5 |  | 214,455 |  | $ | 13.6 |

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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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