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Earnings per Share and Stock Repurchase Program (Tables) | 9 Months Ended
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Sep. 27, 2020
Earnings per Share and Stock Repurchase Program |
Summary of reconciliation of the calculation of earnings per share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Third Quarter Ended September 27, 2020 | ​ | For the Third Quarter Ended September 29, 2019 |
​ | ​ | 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 | ​ | $ | 32.9 | ​ | 33.8 | ​ | $ | 0.97 | ​ | $ | 32.3 | ​ | 34.0 | ​ | $ | 0.95 | ​
Effect of dilutive securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Common stock equivalents | ​ | ​ | ​ | ​ | 0.1 | ​ | ​ | — | ​ | ​ | ​ |  | 0.2 | ​ | ​ | (0.01) | ​
Diluted EPS: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 32.9 | ​ | 33.9 | ​ | $ | 0.97 | ​ | $ | 32.3 |  | 34.2 | ​ | $ | 0.94 | ​
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Nine Months Ended September 27, 2020 | ​ | For the Nine Months Ended September 29, 2019 | ​
​ | ​ | 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 | ​ | $ | 85.1 | ​ | 33.9 | ​ | $ | 2.51 | ​ | $ | 99.7 | ​ | 34.1 | ​ | $ | 2.92 | ​
Effect of dilutive securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Common stock equivalents | ​ | ​ | ​ | ​ | 0.1 | ​ | ​ | (0.01) | ​ | ​ | ​ |  | 0.1 | ​ | ​ | (0.01) | ​
Diluted EPS: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 85.1 | ​ | 34.0 | ​ | $ | 2.50 | ​ | $ | 99.7 |  | 34.2 | ​ | $ | 2.91 | ​
​
Summary of the cost and number of Class A common stock repurchased | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Third Quarter Ended | ​ | For the Third Quarter Ended
​ | ​ | September 27, 2020 | ​ | September 29, 2019
​ | ​ | Number of shares | ​ | Cost of shares | ​ | Number of shares | ​ | Cost of shares
​ |  | repurchased |  | repurchased |  | repurchased |  | repurchased
​ | ​ | (Amounts in millions, except share amount)
Stock repurchase programs: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
$100 million | ​ | — | ​ | ​ | — | ​ | 15,907 | ​ | $ | 1.5
$150 million | ​ | 41,142 | ​ | $ | 3.7 | ​ | 32,036 | ​ | ​ | 3.0
Total stock repurchased during the period: |  | 41,142 | ​ | $ | 3.7 |  | 47,943 | ​ | $ | 4.5
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Nine Months Ended | ​ | For the Nine Months Ended
​ | ​ | September 27, 2020 | ​ | September 29, 2019
​ | ​ | Number of shares | ​ | Cost of shares | ​ | Number of shares | ​ | Cost of shares
​ |  | repurchased |  | repurchased |  | repurchased |  | repurchased
​ | ​ | (Amounts in millions, except share amount)
Stock repurchase programs: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
$100 million | ​ | — | ​ | ​ | — | ​ | 146,304 | ​ | $ | 11.8
$150 million | ​ | 294,677 | ​ | $ | 24.8 | ​ | 32,036 | ​ | ​ | 3.0
Total stock repurchased during the period: |  | 294,677 | ​ | $ | 24.8 |  | 178,340 | ​ | $ | 14.8

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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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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