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Earnings Per Share (Tables) | 6 Months Ended
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Jul. 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 |  | Year-To-Date Ended
(In millions, except per share data) | July 1, 2023 |  | July 2, 2022 |  | July 1, 2023 |  | July 2, 2022
Numerator: |  |  |  |  |  |  |
Net earnings attributable to Wolverine World Wide, Inc. | $ | 24.0 |  |  | $ | 124.6 |  |  | $ | 43.0 |  |  | $ | 134.3 |
Adjustment for earnings allocated to non-vested restricted common stock | (0.5) |  |  | (2.5) |  |  | (1.0) |  |  | (2.6) |
Net earnings used in calculating basic and diluted earnings per share | $ | 23.5 |  |  | $ | 122.1 |  |  | $ | 42.0 |  |  | $ | 131.7 |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 79.5 |  | 79.7 |  | 79.3 |  | 80.6
Effect of dilutive stock options | — |  | 0.2 |  | — |  | 0.3
Shares used in calculating diluted earnings per share | 79.5 |  | 79.9 |  | 79.3 |  | 80.9
Net earnings per share: |  |  |  |  |  |  |
Basic | $ | 0.30 |  |  | $ | 1.53 |  |  | $ | 0.53 |  |  | $ | 1.63 |
Diluted | $ | 0.30 |  |  | $ | 1.53 |  |  | $ | 0.53 |  |  | $ | 1.63 |

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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