v3.26.1
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
Second Quarter EndedSix Months Ended
(In millions, except per share amounts)June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Numerator:  
Net income attributable to Franklin Electric Co., Inc.$65.7 $60.1 $100.1 $91.1 
Less: Earnings allocated to participating securities0.3 0.2 0.5 0.3 
Net income available to common shareholders$65.4 $59.9 $99.6 $90.8 
Denominator:  
Basic weighted average common shares outstanding44.2 45.4 44.2 45.6 
Effect of dilutive securities:  
Non-participating employee stock options, performance awards, and deferred shares to non-employee directors0.5 0.5 0.5 0.5 
Diluted weighted average common shares outstanding44.7 45.9 44.7 46.1 
Basic earnings per share$1.48 $1.32 $2.25 $1.99 
Diluted earnings per share$1.46 $1.31 $2.23 $1.97