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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of reconciliation of the weighted-average common shares outstanding
The following table reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the years ended December 31, 2019, 2018 and 2017:
 
For the year ended December 31,
(in millions)
2019
 
2018
 
2017
Determination of shares:
 
 
 
 
 
Weighted-average common shares outstanding
115.7

 
97.1

 
90.9

Assumed conversion of dilutive stock options
1.8

 
3.0

 
2.4

Assumed conversion of dilutive restricted stock awards
0.3

 
0.2

 
0.1

Diluted weighted-average common shares outstanding
117.8

 
100.3

 
93.4


Schedule of calculation of basic and diluted EPS
The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the years ended December 31, 2019, 2018 and 2017:
 
For the year ended December 31,
(in millions, except per share data)
2019
 
2018
 
2017
Calculation of basic EPS:
 
 
 
 
 
Net income applicable to common stock
$
43.9

 
$
93.5

 
$
473.4

Weighted-average common shares outstanding
115.7

 
97.1

 
90.9

Basic EPS
$
0.38

 
$
0.96

 
$
5.21

Calculation of diluted EPS:
 
 
 
 
 
Net income applicable to common stock
43.9

 
93.5

 
473.4

Diluted weighted-average common shares outstanding
117.8

 
100.3

 
93.4

Diluted EPS
$
0.37

 
$
0.93

 
$
5.07