Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2014

Computation of Basic and Diluted Earnings Per Share

For the three and nine months ended September 30, 2014, 1,233,385 and 2,083,908, respectively, of stock options, RSAs and RSUs were excluded from the computation of diluted earnings per share due to their antidilutive effect.


	Three Months Ended September 30				Nine Months Ended September 30
(In millions, except share data)	2014		2013		2014		2013
Numerator for basic and diluted net income per share attributable to the Company’s stockholders:
Net income attributable to the Company	$	32	$	39	$	100	$	113

Denominator for basic earnings per share attributable to the Company’s stockholders:
Weighted average common shares outstanding		107,061,639		107,053,031		107,055,932		107,053,031
Effect of dilutive securities:
Dilutive effect of stock based compensation		563,604		415,837		492,235		415,837

Denominator for diluted earnings per share attributable to the Company’s stockholders:		107,625,243		107,468,868		107,548,167		107,468,868

Earnings per share attributable to the Company’s stockholders:
Basic	$	0.30	$	0.37	$	0.93	$	1.06

Diluted	$	0.30	$	0.36	$	0.93	$	1.05