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Quarterly Results of Operations (Unaudited) | 12 Months Ended
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Jan. 02, 2016
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Results of Operations (Unaudited) | QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) The Company reports its quarterly results of operations on the basis of 12-week periods for each of the first three fiscal quarters and a 16- or 17-week period for the fiscal fourth quarter. The fourth quarter of fiscal 2015 consists of 16 weeks and the fourth quarter of fiscal 2014 consists of 17 weeks. The aggregate quarterly earnings per share amounts disclosed in the table below may not equal the annual per share amounts due to rounding and the fact that results for each quarter are calculated independently of the full fiscal year. The Company’s unaudited quarterly results of operations are as follows:
| Fiscal 2015
(In millions, except per share data) | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Revenue | $ | 631.4 |  |  | $ | 630.1 |  |  | $ | 678.9 |  |  | $ | 751.2 |
Gross profit | 261.4 |  |  | 246.4 |  |  | 271.7 |  |  | 272.2 |
Net earnings attributable to Wolverine World Wide, Inc. | 40.1 |  |  | 25.3 |  |  | 45.8 |  |  | 11.6 |
Net earnings per share: |  |  |  |  |  |  |
Basic | $ | 0.40 |  |  | $ | 0.25 |  |  | $ | 0.45 |  |  | $ | 0.12 |
Diluted | 0.39 |  |  | 0.24 |  |  | 0.44 |  |  | 0.12 |
| Fiscal 2014
(In millions, except per share data) | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Revenue | $ | 627.6 |  |  | $ | 613.5 |  |  | $ | 711.1 |  |  | $ | 808.9 |
Gross profit | 255.8 |  |  | 245.7 |  |  | 284.7 |  |  | 300.1 |
Net earnings attributable to Wolverine World Wide, Inc. | 37.1 |  |  | 27.5 |  |  | 57.8 |  |  | 10.7 |
Net earnings per share: |  |  |  |  |  |  |
Basic | $ | 0.37 |  |  | $ | 0.28 |  |  | $ | 0.58 |  |  | $ | 0.11 |
Diluted | 0.36 |  |  | 0.27 |  |  | 0.57 |  |  | 0.10 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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