XML 83 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
 9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

 

 

NOTE 19.  EARNINGS PER SHARE 

Earnings per share (“EPS”) components may not add due to rounding. 

 

The following table is a reconciliation of earnings to earnings attributable to common shares used in our basic and diluted EPS calculations for the three month and nine month periods ended September 30, 2012 and 2011: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2012

 

2011

 

2012

 

2011

Earnings from continuing operations

 
$
74.0 

 
$
51.6 

 
$
135.2 

 
$
103.0 

Earnings allocated to participating non-vested

 

 

 

 

 

 

 

 

share awards

 
(0.5)

 
(0.4)

 
(1.0)

 
(0.8)

Earnings from continuing operations attributable

 

 

 

 

 

 

 

 

common shares

 
$
73.5 

 
$
51.2 

 
$
134.2 

 
$
102.2 

 

 

 

 

 

 

 

 

 

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the three month and nine month periods ended September 30, 2012 and 2011 (shares in millions): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2012

 

2011

 

2012

 

2011

Basic shares outstanding

 
58.9 

 
58.4 

 
58.8 

 
58.3 

Dilutive effect of stock option awards

 
0.5 

 
0.4 

 
0.6 

 
0.5 

Diluted shares outstanding

 
59.4 

 
58.8 

 
59.4 

 
58.8 

 

 

 

 

 

 

 

 

 

Options to purchase 106,440 and 436,694 shares of common stock were outstanding as of September 30, 2012 and 2011, respectively, but not included in the computation of diluted EPS, because the options were anti-dilutive.