The following table sets forth the number of weighted-average shares outstanding used in the computation of basic and diluted income per share:


	Three months ended		Six months ended
	June 29, 2024	July 1, 2023	June 29, 2024	July 1, 2023
Weighted-average number of common shares used in basic income per share	46.246	45.533	46.038	45.457
Dilutive securities — Employee stock options and restricted stock units	0.912	1.094	0.863	1.043
Weighted-average number of common shares and dilutive securities used in diluted income per share	47.158	46.627	46.901	46.500

The weighted-average number of restricted stock units and stock options excluded from the computation of diluted income per share because the assumed proceeds for these instruments exceed the average market value of the underlying common stock for the related period were 0.155 and 0.283, respectively, for the three months ended June 29, 2024, and 0.137 and 0.305, respectively, for the six months ended June 29, 2024.

The weighted-average number of restricted stock units and stock options excluded from the computation of diluted income per share because the assumed proceeds for these instruments exceed the average market value of the underlying common stock for the related period were 0.228 and 0.535, respectively, for the three months ended July 1, 2023, and 0.198 and 0.529, respectively, for the six months ended July 1, 2023.

Long-term incentive compensation awards may be granted to certain eligible employees or non-employee directors. A detailed description of the awards granted prior to 2024 is included in our 2023 Annual Report on Form 10-K.

Awards granted on February 28, 2024 to executive officers and other members of senior management were comprised of performance stock units (“PSU’s”), stock options, and time-based restricted stock units (“RSU’s”), while other eligible employees were granted PSU’s and RSU’s. The PSU’s are eligible to vest at the end of a three-year performance period, with performance based on the total return of our stock over the three-year performance period against a peer group within the combined S&P 600 Small Cap Capital Goods Index and S&P 400 Mid Cap Capital Goods Index. Stock options and RSU’s vest ratably over the three-year period subsequent to the date of grant.

Effective May 14, 2024, we granted 0.008 RSU’s to our non-employee directors, which vest in their entirety immediately prior to the annual meeting of stockholders in May 2025.

Compensation expense within income from continuing operations related to long-term incentive awards totaled $3.7 and $3.5 for the three months ended June 29, 2024 and July 1, 2023, respectively, and $7.0 and $6.6 for the six months ended June 29, 2024 and July 1, 2023, respectively. The related tax benefit was $0.6 for the three months ended June 29, 2024 and July 1, 2023 and $1.2 and $1.1 for the six months ended June 29, 2024 and July 1, 2023, respectively.

On May 14, 2024, our Board of Directors authorized management, in its sole discretion, to repurchase, in any fiscal year, up to $100.0 of our common stock, subject to maintaining compliance with all covenants of our senior credit agreement. No share repurchases were effected pursuant to this and prior authorizations during the three and six months ended June 29, 2024.

The changes in the components of AOCI, net of tax, for the three months ended June 29, 2024 were as follows:


	Foreign Currency Translation Adjustment		Net Unrealized Gains on Qualifying Cash Flow Hedges(1)		Pension and Postretirement Liability Adjustment(2)		Total
Balance at beginning of period	$	242.7	$	4.4	$	3.8	$	250.9
Other comprehensive income (loss) before reclassifications	(3.9)		0.2		—		(3.7)
Amounts reclassified from accumulated other comprehensive income	—		(1.7)		(0.6)		(2.3)
Current-period other comprehensive loss	(3.9)		(1.5)		(0.6)		(6.0)
Balance at end of period	$	238.8	$	2.9	$	3.2	$	244.9

(2)Net of tax provision of $1.4 and $1.6 as of June 29, 2024 and March 30, 2024, respectively. The balances as of June 29, 2024 and March 30, 2024 include unamortized prior service credits.

The changes in the components of AOCI, net of tax, for the six months ended June 29, 2024 were as follows:


	Foreign Currency Translation Adjustment		Net Unrealized Gains on Qualifying Cash Flow Hedges(1)		Pension and Postretirement Liability Adjustment(2)		Total
Balance at beginning of period	$	251.0	$	5.7	$	4.4	$	261.1
Other comprehensive income (loss) before reclassifications	(12.2)		0.7		—		(11.5)
Amounts reclassified from accumulated other comprehensive income	—		(3.5)		(1.2)		(4.7)
Current-period other comprehensive loss	(12.2)		(2.8)		(1.2)		(16.2)
Balance at end of period	$	238.8	$	2.9	$	3.2	$	244.9

(2)Net of tax provision of $1.4 and $1.8 as of June 29, 2024 and December 31, 2023, respectively. The balances as of June 29, 2024 and December 31, 2023 include unamortized prior service credits.

The changes in the components of AOCI, net of tax, for the three months ended July 1, 2023 were as follows:


	Foreign Currency Translation Adjustment		Net Unrealized Gains on Qualifying Cash Flow Hedges(1)		Pension and Postretirement Liability Adjustment(2)		Total
Balance at beginning of period	$	243.5	$	9.1	$	6.7	$	259.3
Other comprehensive income before reclassifications	3.9		1.8		—		5.7
Amounts reclassified from accumulated other comprehensive income	—		(1.7)		(0.8)		(2.5)
Current-period other comprehensive income (loss)	3.9		0.1		(0.8)		3.2
Balance at end of period	$	247.4	$	9.2	$	5.9	$	262.5

__________________________

(2)Net of tax provision of $2.2 and $2.4 as of July 1, 2023 and April 1, 2023, respectively. The balances as of July 1, 2023 and April 1, 2023 include unamortized prior service credits.


	Foreign Currency Translation Adjustment		Net Unrealized Gains on Qualifying Cash Flow Hedges(1)		Pension and Postretirement Liability Adjustment(2)		Total
Balance at beginning of period	$	239.1	$	11.0	$	7.4	$	257.5
Other comprehensive income before reclassifications	8.3		1.5		—		9.8
Amounts reclassified from accumulated other comprehensive income	—		(3.3)		(1.5)		(4.8)
Current-period other comprehensive income (loss)	8.3		(1.8)		(1.5)		5.0
Balance at end of period	$	247.4	$	9.2	$	5.9	$	262.5

__________________________

(2)Net of tax provision of $2.2 and $2.7 as of July 1, 2023 and December 31, 2022, respectively. The balances as of July 1, 2023 and December 31, 2022 include unamortized prior service credits.


	Amount Reclassified from AOCI
	Three months ended
	June 29, 2024		July 1, 2023		Affected Line Item in the Condensed Consolidated Statements of Operations
Gains on qualifying cash flow hedges:


Swaps	$	(2.4)	$	(2.3)	Interest expense
Pre-tax	(2.4)		(2.3)
Income taxes	0.7		0.6
	$	(1.7)	$	(1.7)

Gains on pension and postretirement items:
Amortization of unrecognized prior service credits - Pre-tax	$	(0.8)	$	(1.0)	Other income (expense), net
Income taxes	0.2		0.2
	$	(0.6)	$	(0.8)


	Amount Reclassified from AOCI
	Six months ended
	June 29, 2024		July 1, 2023		Affected Line Item in the Condensed Consolidated Statements of Operations
Gains on qualifying cash flow hedges:


Swaps	$	(4.8)	$	(4.4)	Interest expense
Pre-tax	(4.8)		(4.4)
Income taxes	1.3		1.1
	$	(3.5)	$	(3.3)

Gains on pension and postretirement items:
Amortization of unrecognized prior service credits - Pre-tax	$	(1.6)	$	(2.0)	Other income (expense), net
Income taxes	0.4		0.5
	$	(1.2)	$	(1.5)