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Income Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table shows how we reconcile our net income and the number of shares used in computing basic and diluted net income per share:

 
 
Three months ended September 30
 
Nine months ended September 30
(in millions, except per share amounts)
 
2017

 
2016

 
2017

 
2016

 
 
 
 
 
 
 
 
 
Basic net income per share:
 
 

 
 

 
 
 
 
Consolidated net income
 
$
33.9

 
$
30.2

 
$
98.0

 
$
90.7

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
42.5

 
43.1

 
42.8

 
43.0

 
 
 
 
 
 
 
 
 
Basic net income per share
 
$
0.80

 
$
0.70

 
$
2.29

 
$
2.11

 
 
 
 
 
 
 
 
 
Diluted net income per share:
 
 
 
 
 
 
 
 
Consolidated net income
 
$
33.9

 
$
30.2

 
$
98.0

 
$
90.7

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
42.5

 
43.1

 
42.8

 
43.0

Net effect of dilutive stock options, restricted stock units, and performance share awards
 
0.3

 
0.2

 
0.3

 
0.3

Weighted average common shares outstanding for computing diluted income per share
 
42.8

 
43.3

 
43.1

 
43.3

 
 
 
 
 
 
 
 
 
Diluted net income per share
 
$
0.79

 
$
0.70

 
$
2.28

 
$
2.09