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Earnings Per Share (Tables)

6 Months Ended

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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- 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
-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

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