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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Schedule of Stock by Class
The Company has three classes of common stock as follows (share data in millions):

 
 
 
Issued Common Stock
 
Authorized Shares
 
Outstanding
 
Treasury
 
Total Issued Shares
Class A stock ($0.025 par value)
80.0

 
 
 
 
 
 
September 30, 2016
 
 
36.8

 
3.2

 
40.0

December 31, 2015
 
 
35.4

 
4.6

 
40.0

 
 
 
 
 
 
 
 
Class B stock ($0.025 par value)
80.0

 
 
 
 
 
 
September 30, 2016
 
 
14.2

 
0.8

 
15.0

December 31, 2015
 
 
14.2

 
0.8

 
15.0

 
 
 
 
 
 
 
 
Class C stock ($0.025 par value)
20.0

 
 
 
 
 
 
September 30, 2016
 
 

 
0.5

 
0.5

December 31, 2015
 
 

 
0.5

 
0.5


Schedule of Dividend Activity Related to the Outstanding Shares
The dividend activity related to the then outstanding shares for the nine months ended September 30, 2016 and 2015, was as follows:

 
Declaration Date
 
Record Date
 
Payment Date
 
Dividend Amount
per Share
2016
 
 
 
 
 
 
 
Q3 Dividend
August 1, 2016
 
August 29, 2016
 
September 9, 2016
 
$
0.30

Q2 Dividend
May 3, 2016
 
June 6, 2016
 
June 17, 2016
 
0.30

Q1 Dividend
February 19, 2016
 
March 7, 2016
 
March 18, 2016
 
0.30

2015
 
 
 
 
 
 
 
Q3 Dividend
August 4, 2015
 
September 7, 2015
 
September 18, 2015
 
$
0.30

Q2 Dividend
May 5, 2015
 
June 8, 2015
 
June 19, 2015
 
0.30

Q1 Dividend
February 23, 2015
 
March 9, 2015
 
March 20, 2015
 
0.30



Activity Impacting Shareholders' Equity
Activity impacting shareholders' equity for the nine months ended September 30, 2016, was as follows:

 
Shareholders' Equity
Balance at December 31, 2015
$
423.9

Net earnings
7.4

Foreign currency translation adjustments
4.6

Cash dividends declared
(46.6
)
Stock-based compensation
12.0

Purchases of treasury stock
(8.8
)
Sale of stock for options exercised
22.8

Shares withheld from employees for the tax obligations paid on equity grants
(1.4
)
Pension benefit plan adjustments, net of tax
(14.4
)
Balance at September 30, 2016
$
399.5