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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jul. 03, 2022
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share The reconciliation of basic and diluted earnings (loss) per share on common stock for the second quarter and June year-to-date 2022 and 2021 follows (in millions of dollars except per share data):
 Second QuarterJune Year to Date
 2022202120222021
Net earnings (loss)$2.2 $24.0 $(45.4)$49.6 
Less: earnings allocated to participating securities— (0.2)— (0.4)
Net earnings (loss) available to common shareholders$2.2 $23.8 $(45.4)$49.2 
Average shares outstanding (millions):
Basic37.9 39.4 38.3 39.4 
Dilutive share awards0.3 0.1 — 0.1 
Diluted38.2 39.5 38.3 39.5 
Basic earnings (loss) per share$0.06 $0.60 $(1.19)$1.25 
Diluted earnings (loss) per share$0.06 $0.60 $(1.19)$1.25