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Earnings Per Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
Basic and diluted earnings per share were calculated as follows:
 
Year Ended December 31
 
2016
 
2015
 
2014
Earnings:
 
 
 
 
 
Earnings from continuing operations
$
367.1

 
$
328.0

 
$
225.2

(Earnings) attributable to noncontrolling interest, net of tax
(.4
)
 
(4.1
)
 
(3.2
)
Net earnings from continuing operations attributable to Leggett & Platt common shareholders
366.7

 
323.9

 
222.0

Earnings (loss) from discontinued operations, net of tax
19.1

 
1.2

 
(124.0
)
Net earnings attributable to Leggett & Platt common shareholders
$
385.8

 
$
325.1

 
$
98.0

 
 
 
 
 
 
Weighted average number of shares (in millions):
 
 
 
 
 
Weighted average number of common shares used in basic EPS
137.9

 
140.9

 
141.4

Dilutive effect of equity-based compensation
2.1

 
2.0

 
1.8

Weighted average number of common shares and dilutive potential common shares used in diluted EPS
140.0

 
142.9

 
143.2

 
 
 
 
 
 
Basic and Diluted EPS:
 
 
 
 
 
Basic EPS attributable to Leggett & Platt common shareholders
 
 
 
 
 
Continuing operations
$
2.66

 
$
2.30

 
$
1.57

Discontinued operations
.14

 
.01

 
(.88
)
Basic EPS attributable to Leggett & Platt common shareholders
$
2.80

 
$
2.31

 
$
.69

Diluted EPS attributable to Leggett & Platt common shareholders
 
 
 
 
 
Continuing operations
$
2.62

 
$
2.27

 
$
1.55

Discontinued operations
.14

 
.01

 
(.87
)
Diluted EPS attributable to Leggett & Platt common shareholders
$
2.76

 
$
2.28

 
$
.68

 
 
 
 
 
 
Other information:
 
 
 
 
 
Anti-dilutive shares excluded from diluted EPS computation