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Earnings Per Share and Common Stock
6 Months Ended
Jun. 30, 2013
Earnings Per Share and Common Stock [Abstract]  
Earnings Per Share and Common Stock [Text Block]
EARNINGS PER SHARE AND COMMON STOCK

The difference between basic and diluted earnings per share, if any, arises from outstanding stock options, non-vested restricted stock units, and performance share awards granted under our Executive Long-Term Incentive Compensation Plan. For the quarters and six months ended June 30, 2013 and 2012, zero and 0.3 million options to purchase shares of common stock, respectively, were excluded from the computation of diluted earnings per share because the option exercise prices were greater than the average market prices; therefore, their effect would have been anti-dilutive.

 
 
 
2013
 
 
 
 
 
2012
 
 
Reconciliation of Basic and Diluted
 
 
Dilutive
 
 
 
 
 
Dilutive
 
 
Earnings Per Share
Basic
 
Securities
 
Diluted
 
Basic
 
Securities
 
Diluted
Millions Except Per Share Amounts
 
 
 
 
 
 
 
 
 
 
 
For the Quarter Ended June 30,
 
 
 
 
 
 
 
 
 
 
 
Net Income

$14.0

 
 
 

$14.0

 

$14.4

 
 
 

$14.4

Average Common Shares
39.4

 
0.2

 
39.6

 
37.3

 
0.1

 
37.4

Earnings Per Share

$0.36

 
 
 

$0.35

 

$0.39

 
 
 

$0.39

For the Six Months Ended June 30,
 

 
 
 
 

 
 
 
 
 
 
Net Income

$46.5

 
 
 

$46.5

 

$38.8

 
 
 

$38.8

Average Common Shares
39.2

 
0.1

 
39.3

 
37.0

 
0.1

 
37.1

Earnings Per Share

$1.19

 
 
 

$1.18

 

$1.05

 
 
 

$1.05