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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominator of Basic and Diluted Earnings per Share Calculation and Anti-dilutive Share-based Awards

The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation and the anti-dilutive share-based awards for the three and nine months ended September 30, 2019 and 2018 were as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30

 

 

September 30

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.43

 

 

$

1.42

 

 

$

0.90

 

 

$

2.21

 

Diluted

$

0.43

 

 

$

1.40

 

 

$

0.89

 

 

$

2.19

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

$

14.7

 

 

$

48.0

 

 

$

30.6

 

 

$

74.6

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

34.2

 

 

 

33.9

 

 

 

34.1

 

 

 

33.8

 

Dilutive awards

 

0.1

 

 

 

0.3

 

 

 

0.1

 

 

 

0.2

 

Diluted weighted average number of common shares outstanding

 

34.3

 

 

 

34.2

 

 

 

34.2

 

 

 

34.0

 

Weighted average number of anti-dilutive share-based awards:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock units

 

0.3

 

 

 

 

 

 

0.7

 

 

 

0.3

 

Stock options

 

0.8

 

 

 

0.6

 

 

 

0.8

 

 

 

0.6

 

Total

 

1.1

 

 

 

0.6

 

 

 

1.5

 

 

 

0.9