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Earnings Per Share (Notes) | 6 Months Ended
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Jul. 01, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | 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 |
For the quarter and year-to-date ended July 1, 2023, 1,991,262 and 2,080,931 outstanding stock options, respectively, have not been included in the denominator for the computation of diluted earnings per share because they were anti-dilutive. For the quarter and year-to-date ended July 2, 2022, 1,458,340 and 1,070,944 outstanding stock options, respectively, have not been included in the denominator for the computation of diluted earnings per share because they were anti-dilutive.

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