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Earnings Per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

 

 

NOTE 17.  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 and six month periods ended June 30, 2015 and 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

 

2015

 

2014

 

2015

 

2014

Earnings from continuing operations

 

$
29.9 

 

$
26.6 

 

$
33.7 

 

$
44.7 

Earnings allocated to participating non-vested share awards

 

(0.3)

 

(0.1)

 

(0.3)

 

(0.2)

Earnings from continuing operations attributable to common shares

 

$
29.6 

 

$
26.5 

 

$
33.4 

 

$
44.5 

 

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the three and six month periods ended June 30, 2015 and 2014 (shares in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

 

2015

 

2014

 

2015

 

2014

Basic shares outstanding

 

55.5 

 

54.8 

 

55.4 

 

54.8 

Dilutive effect of stock option awards

 

0.3 

 

0.5 

 

0.4 

 

0.4 

Diluted shares outstanding

 

55.8 

 

55.3 

 

55.8 

 

55.2 

 

Anti-dilutive stock options excluded from the computation of diluted EPS for the three and six months ended June 30, 2015 were 8,175 and 142,250, respectively. Anti-dilutive stock options excluded from the computation of diluted EPS for the three and six months ended June 30, 2014 were 6,606 and 3,303, respectively.