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Earnings Per Share
 9 Months Ended
Sep. 29, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
10. Earnings Per Share
The reconciliation of basic and diluted earnings per share on common stock for the third quarter and September year-to-date 2024 and 2023 follows (in millions of dollars except per share data):
 Third QuarterSeptember Year to Date
 2024202320242023
Net earnings$0.8 $6.6 $31.2 $25.0 
Less: earnings allocated to participating securities(0.1)(0.1)(0.8)(0.5)
Net earnings available to common shareholders$0.7 $6.5 $30.4 $24.5 
Average shares outstanding (millions):
Basic35.6 35.4 35.5 36.2 
Dilutive share awards0.4 0.4 0.4 0.3 
Diluted36.0 35.8 35.9 36.5 
Basic earnings per share$0.02 $0.18 $0.86 $0.68 
Diluted earnings per share$0.02 $0.18 $0.85 $0.67 

Potentially dilutive share awards are related to deferred common stock related to the non-employee directors deferred compensation plan and performance shares for the third quarter and September year-to-date 2024 and 2023 (see Stock-Based Compensation footnote for a description of performance shares). Dividends paid per share for Class A and Class B common stock were $0.075 for the third quarter of 2024 and 2023 and $0.225 for September year-to-date 2024 and 2023.

In November 2022, the Company's board of directors authorized a $50.0 million Class A share repurchase program, which was completed in August 2023. The Company repurchased 414,534 shares for $7.4 million during the third quarter of 2023 and 2,496,827 shares for $42.2 million through September year-to-date 2023. A total of 2,971,471 shares were repurchased under the share repurchase program at an average price of $16.83 per share.