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Earnings per share (Tables)
6 Months Ended
Jul. 02, 2023
Earnings Per Share [Abstract]  
Schedule of earnings per share
Basic and diluted earnings per share were calculated as follows:
Second QuarterYear-to-date
In millions except share and per-share data2023202220232022
Basic earnings:
Net income from continuing operations$4.9 $9.6 $5.4 $17.3 
Net loss from discontinued operations(0.2)(0.3)(0.2)(0.4)
Net income$4.7 $9.3 $5.2 $16.9 
Weighted average number of £0.50 ordinary shares:
For basic earnings per share26,923,804 27,428,579 26,922,528 27,458,980 
Dilutive effect of potential common stock141,534 274,638 161,458 261,085 
For diluted earnings per share27,065,338 27,703,217 27,083,986 27,720,065 
Earnings / (loss) per share using weighted average number of ordinary shares outstanding(1):
Basic earnings per ordinary share for continuing operations$0.18 $0.35 $0.20 $0.63 
Basic loss per ordinary share for discontinued operations(0.01)(0.01)(0.01)(0.01)
Basic earnings per ordinary share$0.17 $0.34 $0.19 $0.62 
Diluted earnings per ordinary share for continuing operations$0.18 $0.35 $0.20 $0.62 
Diluted loss per ordinary share for discontinued operations(0.01)(0.01)(0.01)(0.01)
Diluted earnings per ordinary share$0.17 $0.34 $0.19 $0.61 
(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