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Earnings Per Share | 6 Months Ended
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Jun. 29, 2014
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The reconciliation of basic and diluted earnings per share on common stock for the second quarter and June year to date 2014 and 2013 follows (in millions of dollars except per share data):
| Second Quarter |  | June Year to Date
| 2014 |  | 2013 |  | 2014 |  | 2013
Net Earnings | $ | 2.8 |  |  | $ | 10.0 |  |  | $ | 5.3 |  |  | $ | 22.9 |
Less: Earnings allocated to participating securities | (0.1 | ) |  | (0.3 | ) |  | (0.2 | ) |  | (0.6 | )
Net Earnings available to common shareholders | $ | 2.7 |  |  | $ | 9.7 |  |  | $ | 5.1 |  |  | $ | 22.3 |
Basic earnings per share on common stock | $ | 0.07 |  |  | $ | 0.26 |  |  | $ | 0.14 |  |  | $ | 0.60 |
Diluted earnings per share on common stock | $ | 0.07 |  |  | $ | 0.26 |  |  | $ | 0.14 |  |  | $ | 0.60 |
Average common shares outstanding (millions) |  |  |  |  |  |  |
Basic | 37.4 |  |  | 37.2 |  |  | 37.4 |  |  | 37.2 |
Diluted | 37.4 |  |  | 37.2 |  |  | 37.4 |  |  | 37.2 |
Stock options representing 0.1 million and 0.3 million shares, respectively, for the second quarter 2014 and 2013 and 0.1 million and 0.4 million shares, respectively, for June year to date 2014 and 2013, were excluded from the computation of diluted earnings per share due to their anti-dilutive effect.

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