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Net Income per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Net Income per Common Share  
Summary of earnings per share basic and diluted

 

Quarter Ended September 30,

 

Nine Months Ended September 30,

 

(In millions, except per share data)

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share:

 

 

 

 

 

 

 

 

 

Net income

 

$

48.7

 

$

39.8

 

$

140.8

 

$

127.4

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

99.7

 

100.3

 

100.0

 

100.1

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share

 

$

0.49

 

$

0.40

 

$

1.41

 

$

1.27

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per common share:

 

 

 

 

 

 

 

 

 

Net income

 

$

48.7

 

$

39.8

 

$

140.8

 

$

127.4

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — Basic

 

99.7

 

100.3

 

100.0

 

100.1

 

Plus incremental shares from assumed conversions:

 

 

 

 

 

 

 

 

 

Restricted stock units

 

0.7

 

0.7

 

0.7

 

0.8

 

Stock options

 

1.3

 

1.1

 

1.4

 

1.1

 

Weighted average common shares outstanding — Dilutive

 

101.7

 

102.1

 

102.1

 

102.0

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per common share

 

$

0.48

 

$

0.39

 

$

1.38

 

$

1.25