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Net Income Per Common Share Computations (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Calculation
The following is a reconciliation of the numerator and denominator of the net income per common share computations:
 
Years Ended December 31,
(in millions, except per share data)
2018
 
2017
 
2016
Numerator for basic net income per common share:
 
 
 
 
 
Net income from continuing operations
$
182.6

 
$
122.4

 
$
96.7

Net income from continuing operations allocated to participating securities

 
(0.1
)
 
(1.0
)
Net income from discontinued operations
170.2

 
18.1

 
11.4

Numerator for basic net income per common share
$
352.8

 
$
140.4

 
$
107.1

 
 
 
 
 
 
Numerator for diluted net income from continuing operations per common share
$
182.6

 
$
122.4

 
$
96.7

 
 
 
 
 
 
Numerator for diluted net income per common share
$
352.8

 
$
140.5

 
$
108.1

 
 
 
 
 
 
Denominator for net income per common share:
 
 
 
 
 
Basic
41.3

 
47.2

 
49.3

Plus dilutive effect of stock awards
0.3

 
0.6

 
0.6

Plus dilutive effect of participating securities

 
0.2

 
0.6

Diluted
41.6

 
48.0

 
50.5

 
 
 
 
 
 
Net income per common share data:
 
 
 
 
 
Basic
 
 
 
 
 
Continuing operations
$
4.42

 
$
2.59

 
$
1.94

Discontinued operations
$
4.12

 
$
0.38

 
$
0.23

Net income per common share - basic
$
8.54

 
$
2.97

 
$
2.17

 
 
 
 
 
 
Diluted
 
 


 


Continuing operations
$
4.39

 
$
2.55

 
$
1.92

Discontinued operations
$
4.09

 
$
0.37

 
$
0.22

Net income per common share - diluted
$
8.48

 
$
2.92

 
$
2.14