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EARNINGS PER-SHARE (Tables)
9 Months Ended
Sep. 30, 2016
EARNINGS PER-SHARE  
Schedule of basic and diluted earnings per share

The number of shares used to compute basic and diluted earnings per-share for the three and nine months ended September 30, 2016 and 2015, is as follows (in millions, except per-share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2016

 

Nine Months Ended September 30, 2016

 

 

    

 

 

   

Weighted-

   

Per

   

 

 

   

Weighted-

   

Per

   

 

 

 

 

 

Average

 

Common

 

 

 

 

Average

 

Common

 

 

 

Net

 

Common

 

Share

 

Net

 

Common

 

Share

 

 

 

Income

 

Shares

 

Amount

 

Income

 

Shares

 

Amount

 

Basic:

 

$

25.0

 

42.8

 

$

0.58

 

$

61.1

 

43.1

 

$

1.42

 

Effect of Dilutive Securities:

 

 

 

 

0.4

 

 

 —

 

 

 

 

0.4

 

 

(0.02)

 

Diluted:

 

$

25.0

 

43.2

 

$

0.58

 

$

61.1

 

43.5

 

$

1.40

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2015

 

Nine Months Ended September 30, 2015

 

 

    

 

 

   

Weighted-

   

Per

   

 

 

   

Weighted-

   

Per

   

 

 

 

 

 

Average

 

Common

 

 

 

 

Average

 

Common

 

 

 

Net

 

Common

 

Share

 

Net

 

Common

 

Share

 

 

 

Income

 

Shares

 

Amount

 

Income

 

Shares

 

Amount

 

Basic:

 

$

41.5

 

43.5

 

$

0.95

 

$

76.4

 

43.5

 

$

1.76

 

Effect of Dilutive Securities:

 

 

 

 

0.5

 

 

(0.01)

 

 

 

 

0.5

 

 

(0.02)

 

Diluted:

 

$

41.5

 

44.0

 

$

0.94

 

$

76.4

 

44.0

 

$

1.74