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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation of Net Income (Loss) to Basic and Diluted EPS
The following table reconciles net income to basic and diluted EPS:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
(in millions, except per share data)
2014
 
2013
 
2014
 
2013
Income from continuing operations
$
17.0

 
$
117.8

 
$
24.6

 
$
116.7

Gain (loss) from discontinued operations and disposal, net of tax
0.1

 
(0.3
)
 
(0.1
)
 
0.2

Net income
$
17.1

 
$
117.5

 
$
24.5

 
$
116.9

Weighted average shares outstanding – Basic
62.8

 
62.5

 
62.8

 
62.4

Dilutive effect of common stock equivalents
1.0

 
0.4

 
1.0

 
0.4

Weighted average shares outstanding – Diluted
$
63.8

 
$
62.9

 
63.8

 
62.8

Basic earnings per share:
 
 
 
 
 
 
 
Earnings from continuing operations
$
0.27

 
$
1.88

 
$
0.39

 
$
1.87

Gain (loss) from discontinued operations and disposal, net of tax

 

 

 

Net earnings per share
$
0.27

 
$
1.88

 
$
0.39

 
$
1.87

Diluted earnings per share:
 
 
 
 
 
 
 
Earnings from continuing operations
$
0.27

 
$
1.87

 
$
0.39

 
$
1.86

Gain (loss) from discontinued operations and disposal, net of tax

 

 

 

Net earnings per share
$
0.27

 
$
1.87

 
$
0.39

 
$
1.86