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Earnings Per Share (Tables)
3 Months Ended
Mar. 29, 2025
Earnings Per Share [Abstract]  
Computations of Earnings per Common Share

The computations of earnings per common share for the thirteen weeks ended March 29, 2025 and March 30, 2024 were as follows:

 

(In millions, except per share data)

 

Thirteen Weeks Ended March 29, 2025

 

 

Thirteen Weeks Ended March 30, 2024

 

Net income

 

$

51.4

 

 

$

96.4

 

 

 

 

 

 

 

 

Earnings per common share

 

 

 

 

 

 

Basic earnings per share

 

$

0.42

 

 

$

0.77

 

Diluted earnings per share

 

$

0.42

 

 

$

0.76

 

 

 

 

 

 

 

 

Basic average shares outstanding

 

 

122.2

 

 

 

125.9

 

Stock-based awards

 

 

0.8

 

 

 

1.1

 

Diluted average shares outstanding

 

 

123.0

 

 

 

127.0

 

Antidilutive stock-based awards excluded from weighted-
   average number of shares outstanding for diluted
   earnings per share

 

 

1.0

 

 

 

0.3