Net Earnings (Loss) Per Common Share (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Net Earnings Per Common Share

The following table shows the calculation of basic and diluted net earnings per common share under the two-class method:

	Three Months Ended March 31,
	2014			2013
Basic Net Earnings Per Common Share:
Numerator
Net earnings available to common stockholders	$	71.8		$	2.7
Distributed and allocated undistributed net earnings to non-vested restricted stockholders		(0.4	)		(0.1	)
Distributed and allocated undistributed net earnings to common stockholders		71.4			2.6
Distributed net earnings — dividends paid to common stockholders		(27.7	)		(25.3	)
Allocation of undistributed net earnings to common stockholders	$	43.7		$	(22.7	)
Denominator
Weighted average number of common shares outstanding — basic		206.7			193.8
Basic net earnings per common share:
Distributed net earnings to common stockholders	$	0.13		$	0.13
Allocated undistributed net earnings (loss) to common stockholders		0.22			(0.12	)
Basic net earnings per common share:	$	0.35		$	0.01
Diluted Net Earnings Per Common Share:
Numerator
Distributed and allocated undistributed net earnings to common stockholders	$	71.4		$	2.6
Add: Allocated undistributed net earnings to non-vested restricted stockholders		0.3			—
Less: Undistributed net earnings reallocated to non-vested restricted stockholders		(0.3	)		—
Net earnings available to common stockholders — diluted	$	71.4		$	2.6
Denominator
Weighted average number of common shares outstanding — basic		206.7			193.8
Effect of assumed issuance of Settlement agreement shares (1)		6.6			18.0
Effect of non-vested restricted stock units		1.2			0.9
Weighted average number of common shares outstanding — diluted		214.5			212.7
Diluted net earnings per common share	$	0.33		$	0.01

⁽¹⁾  The shares included above represent the weighted average number of shares from January 1, 2014 through February 3, 2014. The weighted average number of shares from February 3, 2014 through March 31, 2014 are included in the weighted average number of common shares outstanding-basic since they were issued on February 3, 2014 in connection with the Settlement agreement.