Earnings Per Share

9 Months Ended

Sep. 30, 2015

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 nine month periods ended September 30, 2015 and 2014:


	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2015	2014	2015	2014
Earnings from continuing operations	$ 30.3	$ 46.7	$ 64.0	$ 91.4
Earnings allocated to participating non-vested share awards	(0.3)	(0.3)	(0.6)	(0.5)
Earnings from continuing operations attributable to common shares	$ 30.0	$ 46.4	$ 63.4	$ 90.9

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


	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2015	2014	2015	2014
Basic shares outstanding	55.5	55.0	55.4	54.9
Dilutive effect of stock option awards	0.4	0.5	0.4	0.5
Diluted shares outstanding	55.9	55.5	55.8	55.4

Anti-dilutive stock options excluded from the computation of diluted EPS for the three and nine months ended September 30, 2015 were 8,175 and 73,169, respectively. Anti-dilutive stock options excluded from the computation of diluted EPS for the three and nine months ended September 30, 2014 were 8,175 and 4,927, respectively.