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Net Income Per Common Share (Tables)
12 Months Ended
Dec. 31, 2013
Net Income Per Common Share  
Summary of earnings per share basic and diluted

 

(In millions, except per share data)

 

2013

 

2012

 

2011

 

Net income

 

$

187.9

 

$

164.3

 

$

135.5

 

 

 

 

 

 

 

 

 

Basic net income per common share:

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

100.0

 

100.2

 

98.8

 

 

 

 

 

 

 

 

 

Basic net income per common share

 

$

1.88

 

$

1.64

 

$

1.37

 

 

 

 

 

 

 

 

 

Diluted net income per common share:

 

 

 

 

 

 

 

Weighted average common shares outstanding — Basic

 

100.0

 

100.2

 

98.8

 

Plus incremental shares from assumed conversions:

 

 

 

 

 

 

 

Restricted stock units

 

0.7

 

0.8

 

0.9

 

Stock options

 

1.4

 

1.0

 

1.0

 

Weighted average common shares outstanding — Diluted

 

102.1

 

102.0

 

100.7

 

 

 

 

 

 

 

 

 

Diluted net income per common share

 

$

1.84

 

$

1.61

 

$

1.35

 

 

 

 

 

 

 

 

 

Anti-dilutive shares outstanding, excluded from computation

 

 

0.5

 

0.3