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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net EPS

The following table sets forth the computation of basic and diluted net earnings per share (in millions, except per share data):

 

     Year Ended December 31,  
     2014      2013      2012  

Net earnings

   $ 303.4       $ 268.6       $ 195.0   
  

 

 

    

 

 

    

 

 

 

Weighted average number of common shares outstanding

     152.9         128.9         121.0   

Dilutive effect of stock options using the treasury stock method

     1.4         1.6         1.5   
  

 

 

    

 

 

    

 

 

 

Weighted average number of common and common equivalent shares outstanding

     154.3         130.5         122.5   
  

 

 

    

 

 

    

 

 

 

Basic net earnings per share

   $ 1.98       $ 2.08       $ 1.61   
  

 

 

    

 

 

    

 

 

 

Diluted net earnings per share:

   $ 1.97       $ 2.06       $ 1.59