XML 39 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share Computations
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share Computations
EARNINGS PER SHARE COMPUTATIONS

A reconciliation of basic and diluted earnings per share is below: 
(in millions, except per share amounts)
 
2018
 
2017
 
2016
Numerator
 
 

 
 

 
 

Net income
 
$
225.7

 
$
94.0

 
$
236.2

 
 
 
 
 
 
 
Denominator
 
 

 
 

 
 

Weighted-average common shares outstanding — basic
 
91.0

 
91.5

 
94.3

Dilutive shares
 
0.5

 
0.4

 
0.8

Weighted-average common and common equivalent shares outstanding — diluted
 
91.5

 
91.9

 
95.1

 
 
 
 
 
 
 
Per common share income
 
 

 
 

 
 

Basic
 
$
2.48

 
$
1.03

 
$
2.51

Diluted
 
$
2.47

 
$
1.02

 
$
2.48



Certain stock awards outstanding were not included in the computation of diluted earnings per share above because they would not have had a dilutive effect.  There were no anti-dilutive stock awards outstanding December 31, 2018 and 2016. The excluded stock awards represented an aggregate of 0.4 million shares as of December 31, 2017.