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Earnings Per Share (Notes) | 3 Months Ended
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Mar. 30, 2024
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 |  |
(In millions, except per share data) | March 30, 2024 |  | April 1, 2023 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net earnings (loss) attributable to Wolverine World Wide, Inc. | $ | (14.5) |  |  | $ | 19.0 |  |  |  |  |
Adjustment for earnings allocated to non-vested restricted common stock | (0.3) |  |  | (0.4) |  |  |  |  |
Net earnings (loss) used in calculating basic and diluted earnings per share | $ | (14.8) |  |  | $ | 18.6 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 79.8 |  | 79.2 |  |  |  |
Effect of dilutive stock options | — |  | — |  |  |  |
Shares used in calculating diluted earnings per share | 79.8 |  | 79.2 |  |  |  |
Net earnings per share: |  |  |  |  |  |  |
Basic | $ | (0.19) |  |  | $ | 0.23 |  |  |  |  |
Diluted | $ | (0.19) |  |  | $ | 0.23 |  |  |  |  |
For the quarters ended March 30, 2024 and April 1, 2023, 1,770,500 and 2,170,599 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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