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Earnings Per Share (Tables)
 6 Months Ended
Jul. 02, 2017
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share
The reconciliation of basic and diluted earnings per share on common stock for the second quarter and June year to date 2017 and 2016 follows (in millions of dollars except per share data):
 
Second Quarter
 
June Year to Date
 
2017
 
2016
 
2017
 
2016
Net earnings
$
18.7

 
$
8.9

 
$
30.9

 
$
20.1

Less: earnings allocated to participating securities
(0.3
)
 
(0.2
)
 
(0.6
)
 
(0.5
)
Net earnings available to common shareholders
$
18.4

 
$
8.7

 
$
30.3

 
$
19.6

 
 
 
 
 
 
 
 
Average shares outstanding (millions):
 
 
 
 
 
 
 
Basic
38.3

 
38.0

 
38.3

 
38.0

Dilutive share awards
0.5

 
0.3

 
0.4

 
0.2

Diluted
38.8

 
38.3

 
38.7

 
38.2

 
 
 
 
 
 
 
 
Basic earnings per share
$
0.48

 
$
0.23

 
$
0.79

 
$
0.52

Diluted earnings per share
$
0.47

 
$
0.23

 
$
0.78

 
$
0.51