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Earnings Per Share ("EPS")
9 Months Ended
Sep. 30, 2013
Earnings Per Share ("EPS")
5. Earnings Per Share (“EPS”)

Basic EPS is calculated based on income available to holders of common stock (the “Common Stock”) of the Company and the weighted-average number of shares outstanding during the reported period. Diluted EPS includes additional dilution from potential Common Stock issuable pursuant to the exercise of outstanding stock options. The following table sets forth a reconciliation of the weighted average number of shares of Common Stock outstanding to the weighted average number of shares outstanding on a diluted basis:

 

     Three Months Ended      Nine Months Ended  
(In millions)    September 30,
2013
     September 30,
2012
     September 30,
2013
     September 30,
2012
 

Weighted average common shares outstanding - basic

     138.8         139.5         138.5         140.4   

Dilutive effect of stock options

     2.5         2.7         2.6         2.7   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding - diluted

     141.3         142.2         141.1         143.1   
  

 

 

    

 

 

    

 

 

    

 

 

 

Antidilutive stock options outstanding

     1.6         0.9         1.6         1.5