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Earnings Per Share (Tables) | 3 Months Ended
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Apr. 03, 2021
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings Per Share | The following table sets forth the computation of basic and diluted earnings per share.
| Quarter Ended |  |
(In millions, except per share data) | April 3, 2021 |  | March 28, 2020 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net earnings attributable to Wolverine World Wide, Inc. | $ | 38.5 |  |  | $ | 13.0 |  |  |  |  |
Adjustment for earnings allocated to non-vested restricted common stock | (0.7) |  |  | (0.2) |  |  |  |  |
Net earnings used in calculating basic and diluted earnings per share | $ | 37.8 |  |  | $ | 12.8 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 82.5 |  | 81.4 |  |  |  |
Adjustment for non-vested restricted common stock | (0.4) |  | (0.3) |  |  |  |
Shares used in calculating basic earnings per share | 82.1 |  | 81.1 |  |  |  |
Effect of dilutive stock options | 1.1 |  | 0.9 |  |  |  |
Shares used in calculating diluted earnings per share | 83.2 |  | 82.0 |  |  |  |
Net earnings per share: |  |  |  |  |  |  |
Basic | $ | 0.46 |  |  | $ | 0.16 |  |  |  |  |
Diluted | $ | 0.45 |  |  | $ | 0.16 |  |  |  |  |

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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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