XML 159 R37.htm IDEA: XBRL DOCUMENT v3.3.1.900
Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of Earnings Per Common Share
The following table reconciles net income to basic and diluted EPS:
(in millions, except per share data)
2015
 
2014
 
2013
Income from continuing operations
$
65.8

 
$
59.7

 
$
152.5

(Loss) gain from discontinued operations and disposal, net of tax
(2.3
)
 
4.0

 
7.5

Net income
$
63.5

 
$
63.7

 
$
160.0

Weighted average shares outstanding — Basic
62.2

 
62.7

 
62.6

Dilutive effect of common stock equivalents
1.2

 
0.9

 
0.6

Weighted average shares outstanding — Diluted
63.4

 
63.6

 
63.2

Basic earnings per share:
 
 
 
 
 
Earnings from continuing operations
$
1.06

 
$
0.95

 
$
2.44

(Loss) gain from discontinued operations and disposal, net of tax
(0.04
)
 
0.06

 
0.12

Net earnings per share
$
1.02

 
$
1.01

 
$
2.56

Diluted earnings per share:
 
 
 
 
 
Earnings from continuing operations
$
1.04

 
$
0.94

 
$
2.41

(Loss) gain from discontinued operations and disposal, net of tax
(0.04
)
 
0.06

 
0.12

Net earnings per share
$
1.00

 
$
1.00

 
$
2.53