Basic earnings per share represents net income attributable to shareholders divided by the weighted average number of shares outstanding during the period. Diluted earnings per share considers the dilutive effect of potential shares, unless the inclusion of the potential shares would have an anti-dilutive effect. The treasury stock method is used to determine the potential dilutive shares resulting from assumed exercises of equity-related instruments.

The computation of earnings per share is presented below:


	Three months ended				Six months ended
(dollars in millions, except share numbers and per share amounts)	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Net income attributable to shareholders	$	70.7	$	64.9	$	110.7	$	91.3

Weighted average number of shares outstanding	261,440,259		275,875,426		262,057,243		279,697,864
Dilutive effect of share-based awards	5,372,251		4,040,022		4,893,994		4,255,220
Diluted weighted average number of shares outstanding	266,812,510		279,915,448		266,951,237		283,953,084

Number of anti-dilutive shares excluded from the diluted earnings per share calculation	1,203,541		3,307,714		3,433,099		4,622,998

Basic earnings per share	$	0.27	$	0.24	$	0.42	$	0.33
Diluted earnings per share	$	0.26	$	0.23	$	0.41	$	0.32