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Earnings Per Share | 9 Months Ended
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Sep. 30, 2014
Earnings Per Share [Abstract] |
Earnings Per Share | EARNINGS PER SHARE Basic earnings per share (“EPS”) is computed by dividing net income by the weighted average number of common shares outstanding for the period, including outstanding unvested restricted stock awards and vested restricted stock unit awards. Diluted EPS is computed by dividing net income by the weighted average number of shares outstanding adjusted for the dilutive effect of stock options. The following table presents the calculation of basic and diluted EPS:
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
Net income from continuing operations | $ | 106.7 |  |  | $ | 92.8 |  |  | $ | 302.9 |  |  | $ | 266.1 |
Loss from discontinued operations, net of income taxes | (0.2 | ) |  | (0.2 | ) |  | (0.9 | ) |  | (0.6 | )
Net income | $ | 106.5 |  |  | $ | 92.6 |  |  | $ | 302.0 |  |  | $ | 265.5 |
Weighted average common shares outstanding used in calculating basic EPS | 117.0 |  |  | 121.5 |  |  | 118.5 |  |  | 121.3 |
Effect of dilutive stock options | 1.5 |  |  | 2.0 |  |  | 1.7 |  |  | 2.0 |
Weighted average common shares outstanding used in calculating diluted EPS | 118.5 |  |  | 123.5 |  |  | 120.2 |  |  | 123.3 |
Basic EPS amounts: |  |  |  |  |  |  |
Continuing operations | $ | 0.91 |  |  | $ | 0.76 |  |  | $ | 2.56 |  |  | $ | 2.19 |
Discontinued operations | $ | — |  |  | $ | — |  |  | $ | (0.01 | ) |  | $ | — |
Net income | $ | 0.91 |  |  | $ | 0.76 |  |  | $ | 2.55 |  |  | $ | 2.19 |
Diluted EPS amounts: |  |  |  |  |  |  |
Continuing operations | $ | 0.90 |  |  | $ | 0.75 |  |  | $ | 2.52 |  |  | $ | 2.16 |
Discontinued operations | $ | — |  |  | $ | — |  |  | $ | (0.01 | ) |  | $ | — |
Net income | $ | 0.90 |  |  | $ | 0.75 |  |  | $ | 2.51 |  |  | $ | 2.15 |
A summary of anti-dilutive options excluded from the computation of diluted earnings per share is as follows:
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
Anti-dilutive options excluded from the computation of diluted earnings per share | 0.7 |  |  | 0.6 |  |  | 0.5 |  |  | 0.7 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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