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Net Income Per Share Attributable to Lear (Tables)
3 Months Ended
Apr. 04, 2020
Earnings Per Share [Abstract]  
Summary of Information Used to Compute Basic and Diluted Net Income Per Share
A summary of information used to compute basic and diluted net income per share available to Lear common stockholders is shown below (in millions, except share and per share data):
 
Three Months Ended
 
April 4,
2020
 
March 30,
2019
Net income attributable to Lear
$
76.4

 
$
228.9

Redeemable noncontrolling interest adjustment

 
6.7

Net income available to Lear common stockholders
$
76.4

 
$
235.6

 
 
 
 
Average common shares outstanding
60,509,450

 
62,818,792

Dilutive effect of common stock equivalents
169,140

 
304,405

Average diluted shares outstanding
60,678,590

 
63,123,197

 
 
 
 
Basic net income per share available to Lear common stockholders
$
1.26

 
$
3.75

 
 
 
 
Diluted net income per share available to Lear common stockholders
$
1.26

 
$
3.73