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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Reconciliation of Net Income 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)
2016
 
2015
 
2016
 
2015
Income from continuing operations
$
9.4

 
$
18.2

 
$
19.8

 
$
32.6

(Loss) gain from discontinued operations and disposal, net of tax
(0.3
)
 
0.1

 
2.9

 
0.6

Net income
$
9.1

 
$
18.3

 
$
22.7

 
$
33.2

Weighted average shares outstanding – Basic
60.1

 
62.6

 
61.1

 
62.5

Dilutive effect of common stock equivalents
0.8

 
1.0

 
0.8

 
1.0

Weighted average shares outstanding – Diluted
60.9

 
63.6

 
$
61.9

 
$
63.5

Basic earnings per share:
 
 
 
 
 
 
 
Earnings from continuing operations
$
0.16

 
$
0.29

 
$
0.32

 
$
0.52

(Loss) gain from discontinued operations and disposal, net of tax
(0.01
)
 

 
0.05

 
0.01

Net earnings per share
$
0.15

 
$
0.29

 
$
0.37

 
$
0.53

Diluted earnings per share:
 
 
 
 
 
 
 
Earnings from continuing operations
$
0.15

 
$
0.29

 
$
0.32

 
$
0.51

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

 

 
0.05

 
0.01

Net earnings per share
$
0.15

 
$
0.29

 
$
0.37

 
$
0.52