XML 16 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Condensed Statements of Operations and Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Income Statement [Abstract]    
Revenue $ 510.7 $ 439.3
Cost of goods sold 288.4 257.5
Gross profit 222.3 181.8
Selling, general and administrative expenses 174.4 156.1
Environmental and other related costs, net of recoveries (10.2) 8.8
Operating profit 58.1 16.9
Other expenses:    
Interest expense, net 9.6 7.8
Other expense (income), net 2.8 (0.6)
Total other expenses 12.4 7.2
Earnings before income taxes 45.7 9.7
Income tax expense (benefit) 7.3 (3.1)
Net earnings 38.4 12.8
Less: net loss attributable to noncontrolling interests (0.1) (0.2)
Net earnings attributable to Wolverine World Wide, Inc. $ 38.5 $ 13.0
Net earnings per share (see Note 3):    
Basic $ 0.46 $ 0.16
Diluted $ 0.45 $ 0.16
Comprehensive income $ 44.6 $ 2.2
Less: comprehensive loss attributable to noncontrolling interests (0.4) (1.4)
Comprehensive income attributable to Wolverine World Wide, Inc. $ 45.0 $ 3.6
Cash dividends declared per share $ 0.10 $ 0.10