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Note 5 - Earnings Per Share
3 Months Ended
Mar. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

5.  Earnings Per Share


The reconciliation of basic and diluted earnings per share on common stock for the 13 weeks ended 2014 and 2013 follows (in millions of dollars except per share data):


   

13 Weeks Ended

 
   

2014

   

2013

 
                 

Net Earnings

  $ 2.5     $ 12.9  

Less: Earnings allocated to participating securities

    (0.1 )     (0.3 )

Net Earnings available to common shareholders

  $ 2.4     $ 12.6  
                 

Basic earnings per share on common stock

  $ 0.07     $ 0.34  

Diluted earnings per share on common stock

  $ 0.07     $ 0.34  
                 

Average common shares outstanding (millions)

               

Basic

    37.4       37.2  

Diluted

    37.4       37.2  

Stock options representing 0.2 million and 0.4 million shares, respectively, for the 13 weeks ended 2014 and 2013, were excluded from the computation of diluted earnings per share due to their anti-dilutive effect.