v3.7.0.1
Net Income per Share Attributable to Stockholders ("EPS")
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Net Income per Share Attributable to Stockholders ("EPS")

(14) Net Income Per Share Attributable to Stockholders (“EPS”)

The Company’s basic and diluted EPS were calculated as follows:

 

 

 

2016

 

 

2015

 

 

2014

 

 

 

(In millions, except per share data)

 

Weighted-average shares outstanding

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

67.5

 

 

 

67.3

 

 

 

67.1

 

Equivalent shares for outstanding stock-based

   compensation awards

 

 

1.8

 

 

 

2.4

 

 

 

1.4

 

Diluted

 

 

69.3

 

 

 

69.7

 

 

 

68.5

 

Net income attributable to stockholders

 

$

96.3

 

 

 

125.4

 

 

 

72.9

 

EPS

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.43

 

 

 

1.86

 

 

 

1.09

 

Diluted

 

 

1.39

 

 

 

1.80

 

 

 

1.06

 

 

For 2014, the weighted average shares outstanding were retrospectively adjusted to reflect MPG common stock outstanding upon completion of the Combination and the Stock Split; the equivalent shares for outstanding stock-based compensation awards were retrospectively adjusted to reflect the conversion of those awards into options to purchase shares of Common Stock of MPG and the Stock Split.

The number of equivalent shares excluded from the calculation as they were anti-dilutive was 0.1 million for 2016, de minimis for 2015, and 0.8 million for 2014.