Net Income per Common Share

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Net Income per Common Share

Note 2 — Net Income per Common Share

	Quarter Ended June 30,				Six Months Ended June 30,
(In millions, except per share data)	2019		2018		2019		2018
Basic net income per common share:
Net income	$	80.9	$	68.8	$	153.1	$	130.4
Weighted average common shares outstanding		85.2		88.8		85.1		89.4
Basic net income per common share	$	0.95	$	0.77	$	1.80	$	1.45
Diluted net income per common share:
Net income	$	80.9	$	68.8	$	153.1	$	130.4
Weighted average common shares outstanding — Basic		85.2		88.8		85.1		89.4
Plus incremental shares from assumed conversions:
Restricted stock units		0.4		0.4		0.4		0.4
Stock options		0.6		0.7		0.6		0.7
Weighted average common shares outstanding — Dilutive		86.2		89.9		86.1		90.5
Diluted net income per common share	$	0.94	$	0.76	$	1.78	$	1.44

Total shares underlying stock options of 0.1 and 0.2 million, respectively, were excluded from the computation of diluted net income per share for the three and six months ended June 30, 2019, as they were anti-dilutive.  Total shares underlying stock options of 0.1 million were excluded from the computation of diluted net income per share for the three and six month ended June 30, 2018.