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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2016
Earnings Per Share |
Component of income from continuing operations and share data used in basic and diluted earnings per share |
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
(in millions except share and per share amounts) |  | 2016 |  | 2015 |  | 2016 |  | 2015 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 115.3 |  | $ | 94.8 |  | $ | 183.8 |  | $ | 134.3 |
Less: dividends declared - common stock outstanding, restricted shares and restricted share units |  |  | (19.5) |  |  | (16.4) |  |  | (39.0) |  |  | (33.1) |
Undistributed earnings |  |  | 95.8 |  |  | 78.4 |  |  | 144.8 |  |  | 101.2 |
Percent allocated to common shareholders (1) |  |  | 99.3 | % |  | 99.5 | % |  | 99.3 | % |  | 99.5 | %
|  |  | 95.1 |  |  | 78.0 |  |  | 143.8 |  |  | 100.7 |
Add: dividends declared - common stock |  |  | 19.3 |  |  | 16.3 |  |  | 38.5 |  |  | 32.5 |
Numerator for basic and diluted EPS |  | $ | 114.4 |  | $ | 94.3 |  | $ | 182.3 |  | $ | 133.2 |
Denominator (in thousands): |  |  |  |  |  |  |  |  |  |  |  |  |
Denominator for basic EPS: weighted-average common shares outstanding |  |  | 64,246 |  |  | 65,010 |  |  | 64,131 |  |  | 64,943 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Performance awards |  |  | 445 |  |  | 342 |  |  | 445 |  |  | 342 |
Stock options |  |  | 421 |  |  | 666 |  |  | 474 |  |  | 648 |
Denominator for diluted EPS: adjusted weighted-average common shares outstanding and assumed conversion |  |  | 65,112 |  |  | 66,018 |  |  | 65,050 |  |  | 65,933 |
Per share income from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.78 |  | $ | 1.45 |  | $ | 2.84 |  | $ | 2.05 |
Diluted |  | $ | 1.75 |  | $ | 1.43 |  | $ | 2.80 |  | $ | 2.02 |
(1)Basic weighted-average common shares outstanding |  |  | 64,246 |  |  | 65,010 |  |  | 64,131 |  |  | 64,943 |
Basic weighted-average common shares outstanding, unvested restricted shares expected to vest and restricted share units |  |  | 64,703 |  |  | 65,344 |  |  | 64,587 |  |  | 65,276 |
Percent allocated to common shareholders |  |  | 99.3 | % |  | 99.5 | % |  | 99.3 | % |  | 99.5 | %
Component of income (loss) from discontinued operations and share data used in basic and diluted earnings per share |
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(in millions except share amounts presented in thousands) |  | 2016 |  | 2015 |  | 2016 |  | 2015
Income (loss) from discontinued operations attributable to common shareholders for basic and diluted earnings per share |  | $ | (0.1) |  | $ | 0.1 |  | $ | (0.1) |  | $ | -
Net income attributable to common shareholders for basic and diluted earnings per share |  | $ | 114.3 |  | $ | 94.4 |  | $ | 182.2 |  | $ | 133.2
Antidilutive stock options excluded from EPS calculation (1) |  |  | 54 |  |  | - |  |  | 387 |  |  | -
Represents stock options excluded from the calculation of diluted earnings per share as such options’ assumed proceeds upon exercise would result in the repurchase of more shares than the underlying award.

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- Definition Tabular disclosure of income (loss) from discontinued operations and net income attributable to common shareholders used in the computation of earnings per share. + References No definition available. + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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