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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Computations of Earnings per Common Share

The computations of earnings per common share were as follows:

 

(In millions, except per share data)    Three Months Ended
March 31,
 
     2015      2014  

Income from continuing operations, net of tax

   $ 40.9       $ 46.3   

Less: Noncontrolling interest

     0.3         0.4   
  

 

 

    

 

 

 

Income from continuing operations for EPS

  40.6      45.9   

Loss from discontinued operations

  (0.6   (5.1
  

 

 

    

 

 

 

Net income attributable to Fortune Brands

$ 40.0    $ 40.8   
  

 

 

    

 

 

 

Earnings (loss) per common share

Basic

Continuing operations

$ 0.26    $ 0.28   

Discontinued operations

  (0.01   (0.03
  

 

 

    

 

 

 

Net income attributable to Fortune Brands common stockholders

$ 0.25    $ 0.25   

Diluted

Continuing operations

$ 0.25    $ 0.27   

Discontinued operations

  —        (0.03
  

 

 

    

 

 

 

Net income attributable to Fortune Brands common stockholders

$ 0.25    $ 0.24   

Basic average shares outstanding

  158.8      166.2   

Stock-based awards

  3.8      5.0   
  

 

 

    

 

 

 

Diluted average shares outstanding

  162.6      171.2   

Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share

  0.8      0.2