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Net Income per Common Share (Tables)
6 Months Ended
Jun. 30, 2012
Net Income per Common Share  
Summary of earnings per share basic and diluted

 

 

 

Quarter Ended June 30,

 

Six Months Ended June 30,

 

(In millions, except per share data)

 

2012

 

2011

 

2012

 

2011

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share:

 

 

 

 

 

 

 

 

 

Net income

 

$

48.0

 

$

37.4

 

$

87.6

 

$

63.8

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

100.2

 

98.6

 

100.0

 

98.4

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share

 

$

0.48

 

$

0.38

 

$

0.88

 

$

0.65

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per common share:

 

 

 

 

 

 

 

 

 

Net income

 

$

48.0

 

$

37.4

 

$

87.6

 

$

63.8

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — Basic

 

100.2

 

98.6

 

100.0

 

98.4

 

Plus incremental shares from assumed conversions:

 

 

 

 

 

 

 

 

 

Restricted stock units

 

0.6

 

0.7

 

0.7

 

0.8

 

Stock options

 

1.2

 

1.4

 

1.2

 

1.3

 

Weighted average common shares outstanding — Dilutive

 

102.0

 

100.7

 

101.9

 

100.5

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per common share

 

$

0.47

 

$

0.37

 

$

0.86

 

$

0.63