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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of Stock by Class
The Company has three classes of common stock as follows (share data in millions):

 
 
 
Issued Common Stock
 
Authorized Shares
 
Outstanding
 
Treasury
 
Total Issued Shares
Class A stock ($0.025 par value)
80.0

 
 
 
 
 
 
March 31, 2017
 
 
37.8

 
2.2

 
40.0

December 31, 2016
 
 
37.2

 
2.8

 
40.0

 
 
 
 
 
 
 
 
Class B stock ($0.025 par value)
80.0

 
 
 
 
 
 
March 31, 2017
 
 
14.2

 
0.8

 
15.0

December 31, 2016
 
 
14.2

 
0.8

 
15.0

 
 
 
 
 
 
 
 
Class C stock ($0.025 par value)
20.0

 
 
 
 
 
 
March 31, 2017
 
 

 
0.5

 
0.5

December 31, 2016
 
 

 
0.5

 
0.5


Schedule of Dividend Activity Related to the Outstanding Shares
The dividend activity related to the then outstanding shares for the three months ended March 31, 2017 and 2016, was as follows:

 
Declaration Date
 
Record Date
 
Payment Date
 
Dividend Amount
per Share
2017
 
 
 
 
 
 
 
Q1 Dividend
February 17, 2017
 
February 27, 2017
 
March 10, 2017
 
$
0.30

2016
 
 
 
 
 
 
 
Q1 Dividend
February 19, 2016
 
March 7, 2016
 
March 18, 2016
 
0.30



Activity Impacting Shareholders' Equity
Activity impacting shareholders' equity for the three months ended March 31, 2017, was as follows:

 
Shareholders' Equity
Balance at December 31, 2016
$
441.5

Net earnings
25.4

Translation adjustments
7.7

Interest rate swap adjustments
0.4

Cash dividends declared
(15.7
)
Stock-based compensation
6.0

Sale of stock for options exercised
1.3

Equity awards redeemed to pay employees' tax obligations
(5.9
)
Balance at March 31, 2017
$
460.7