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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 29, 2024
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) | June 29, 2024 |  | July 1, 2023 |  | June 29, 2024 |  | July 1, 2023
Numerator: |  |  |  |  |  |  |
Net earnings (loss) attributable to Wolverine World Wide, Inc. | $ | 14.2 |  |  | $ | 24.0 |  |  | $ | (0.3) |  |  | $ | 43.0 |
Adjustment for earnings allocated to non-vested restricted common stock | (0.5) |  |  | (0.5) |  |  | (0.6) |  |  | (1.0) |
Net earnings (loss) used in calculating basic and diluted earnings per share | $ | 13.7 |  |  | $ | 23.5 |  |  | $ | (0.9) |  |  | $ | 42.0 |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 80.0 |  | 79.5 |  | 79.9 |  | 79.3
Effect of dilutive stock options | — |  | — |  | — |  | —
Shares used in calculating diluted earnings per share | 80.0 |  | 79.5 |  | 79.9 |  | 79.3
Net earnings (loss) per share: |  |  |  |  |  |  |
Basic | $ | 0.17 |  |  | $ | 0.30 |  |  | $ | (0.01) |  |  | $ | 0.53 |
Diluted | $ | 0.17 |  |  | $ | 0.30 |  |  | $ | (0.01) |  |  | $ | 0.53 |

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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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