EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

Basic and diluted income per share are computed by dividing net income by the weighted average number of common shares outstanding.  Diluted net income per share reflects the dilutive effect of stock-based compensation.

	Years ended December 31,
Computation of Income per Share	2014		2013		2012
	(In millions, except per share data)
Income from continuing operations	$	105.0	$	178.6	$	149.6
Income from discontinued operations, net	0.7		—		—
Net income	$	105.7	$	178.6	$	149.6
Basic shares	78.6		79.9		80.1
Basic income per share:
Income from continuing operations	$	1.33	$	2.24	$	1.87
Income from discontinued operations, net	0.01		—		—
Net income	$	1.34	$	2.24	$	1.87
Diluted shares:
Basic shares	78.6		79.9		80.1
Stock-based compensation	1.1		1.0		0.9
Diluted shares	79.7		80.9		81.0
Diluted income per share:
Income from continuing operations	$	1.32	$	2.21	$	1.85
Income from discontinued operations, net	0.01		—		—
Net income	$	1.33	$	2.21	$	1.85

The computation of dilutive shares from stock-based compensation does not include 0.6 million shares in both 2014 and 2013 and 1.0 million shares in 2012 as their effect would have been anti-dilutive.