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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Reconciliation of Net Income to Basic and Diluted EPS
The following table reconciles Net income to basic and diluted EPS:
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in millions, except per share data)
2016
 
2015
 
2016
 
2015
Income from continuing operations
$
7.5

 
$
15.8

 
$
27.3

 
$
48.4

Gain from discontinued operations and disposal, net of tax
1.0

 
3.0

 
3.9

 
3.6

Net income
$
8.5

 
$
18.8

 
$
31.2

 
$
52.0

Weighted average shares outstanding – Basic
59.8

 
62.3

 
60.7

 
62.4

Dilutive effect of common stock equivalents
0.8

 
1.0

 
0.8

 
1.0

Weighted average shares outstanding – Diluted
60.6

 
63.3

 
$
61.5

 
$
63.4

Basic earnings per share:
 
 
 
 
 
 
 
Earnings from continuing operations
$
0.12

 
$
0.25

 
$
0.45

 
$
0.77

Gain from discontinued operations and disposal, net of tax
0.02

 
0.05

 
0.06

 
0.06

Net earnings per share
$
0.14

 
$
0.30

 
$
0.51

 
$
0.83

Diluted earnings per share:
 
 
 
 
 
 
 
Earnings from continuing operations
$
0.12

 
$
0.25

 
$
0.45

 
$
0.76

Gain from discontinued operations and disposal, net of tax
0.02

 
0.05

 
0.06

 
0.06

Net earnings per share
$
0.14

 
$
0.30

 
$
0.51

 
$
0.82