Earnings per share (Tables)

3 Months Ended

Mar. 28, 2021

Basic and diluted earnings per share were calculated as follows:


	First Quarter
In millions except share and per-share data	2021		2020
Basic earnings:
Net income from continuing operations	$	8.6	$	7.2
Net income / ( loss) from discontinued operations	5.9		(1.0)
Net income	$	14.5	$	6.2

Weighted average number of £0.50 ordinary shares:
For basic earnings per share	27,658,871		27,440,423
Dilutive effect of potential common stock	398,452		453,635
For diluted earnings per share	28,057,323		27,894,058

Earnings / (loss) per share using weighted average number of ordinary shares outstanding:(1)
Basic earnings per ordinary share for continuing operations	$	0.31	$	0.26
Basic earnings / (loss) per ordinary share for discontinued operations	$	0.21	$	(0.04)
Basic earnings per ordinary share	$	0.52	$	0.23

Diluted earnings per ordinary share for continuing activities	$	0.31	$	0.26
Diluted earnings / (loss) per ordinary share for discontinued operations	$	0.21	$	(0.04)
Diluted earnings per ordinary share	$	0.52	$	0.22

(1) The calculation of earnings per share is performed separately for continuing and discontinued operations. As a result, the sum of the two in any particular period may not equal the earnings-per-share amount in total.