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Earnings Per Share (Tables)

3 Months Ended

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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- References

No definition available.

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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

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