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Earnings Per Share (Tables) | 3 Months Ended
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Apr. 01, 2023
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 1, 2023 |  | April 2, 2022 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net earnings attributable to Wolverine World Wide, Inc. | $ | 19.0 |  |  | $ | 9.7 |  |  |  |  |
Adjustment for earnings allocated to non-vested restricted common stock | (0.4) |  |  | (0.2) |  |  |  |  |
Net earnings used in calculating basic and diluted earnings per share | $ | 18.6 |  |  | $ | 9.5 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 79.2 |  | 81.5 |  |  |  |
Effect of dilutive stock options | — |  | 0.4 |  |  |  |
Shares used in calculating diluted earnings per share | 79.2 |  | 81.9 |  |  |  |
Net earnings per share: |  |  |  |  |  |  |
Basic | $ | 0.23 |  |  | $ | 0.12 |  |  |  |  |
Diluted | $ | 0.23 |  |  | $ | 0.12 |  |  |  |  |

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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