XML 48 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Computations of basic and diluted loss per share for loss from continuing operations
The computations of basic and diluted earnings per share for Income from continuing operations were as follows (in millions, except per share data):
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Net income
$
108.0

 
$
103.5

 
$
283.4

 
$
262.5

Add: Loss from discontinued operations
—

 
0.5

 
1.7

 
1.4

Income from continuing operations
$
108.0

 
$
104.0

 
$
285.1

 
$
263.9

 
 
 
 
 
 
 
 
Weighted-average shares outstanding – basic
40.3

 
41.9

 
40.8

 
42.3

Add: Potential effect of dilutive securities attributable to stock-based payments
0.4

 
0.5

 
0.5

 
0.6

Weighted-average shares outstanding – diluted
40.7

 
42.4

 
41.3

 
42.9

 
 
 
 
 
 
 
 
Earnings per share – Basic:
 
 
 
 
 
 
 
Income from continuing operations
$
2.68

 
$
2.48

 
$
6.98

 
$
6.23

Loss from discontinued operations
—

 
(0.01
)
 
(0.04
)
 
(0.03
)
Net income
$
2.68

 
$
2.47

 
$
6.94

 
$
6.20

 
 
 
 
 
 
 
 
Earnings per share – Diluted:
 
 
 
 
 
 
 
Income from continuing operations
$
2.65

 
$
2.45

 
$
6.90

 
$
6.15

Loss from discontinued operations
—

 
(0.01
)
 
(0.04
)
 
(0.03
)
Net income
$
2.65

 
$
2.44

 
$
6.86

 
$
6.12
Stock appreciation rights were outstanding, but not included in the diluted loss per share calculation
The following stock appreciation rights and restricted stock units were outstanding but not included in the diluted earnings per share calculation because the assumed exercise of such rights would have been anti-dilutive (in millions, except for per share data):
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Weighted-average number of shares
0.2

 
0.2

 
0.2

 
0.2

Price per share
$
205.53

 
$
156.94

 
$
205.53

 
$
156.94