XML 49 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The following is a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per share available to common stockholders.
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2016
 
2017
 
2016
 
2017
Numerator
 
 
 
 
 
 
 
Net income (controlling interest)
$
108.3

 
$
126.3

 
$
212.3

 
$
248.8

Interest expense on convertible securities, net of taxes
3.9

 
3.9

 
7.7

 
7.8

Net income (controlling interest), as adjusted
$
112.2

 
$
130.2

 
$
220.0

 
$
256.6

Denominator
 
 
 
 
 
 
 
Average shares outstanding (basic)
53.8

 
56.3

 
53.9

 
56.5

Effect of dilutive instruments:
 
 
 
 
 
 
 
Stock options and restricted stock
0.7

 
0.2

 
0.6

 
0.3

Junior convertible securities
2.2

 
2.2

 
2.2

 
2.2

Average shares outstanding (diluted)
56.7

 
58.7

 
56.7

 
59.0

Schedule of Shares Excluded from Calculation of Basic and Diluted Earnings Per Share
Average shares outstanding (diluted) in the table above exclude share awards that have not satisfied performance conditions and the anti-dilutive effect of the following shares:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2016
 
2017
 
2016
 
2017
Stock options and restricted stock units
0.2

 
0.2

 
0.3

 
0.2