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 and nine months ended September 30, 2017 and 2016:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2017			2016			2017			2016
Earnings from continuing operations	$	43.5		$	55.9		$	115.8		$	65.4
Earnings allocated to participating non-vested share awards		(0.2	)		(0.2	)		(0.4	)		(0.2	)
Earnings from continuing operations attributable to common shares	$	43.3		$	55.7		$	115.4		$	65.2

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the three and nine months ended September 30, 2017 and 2016 (shares in millions):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Basic shares outstanding		53.0		55.5		53.5		55.6
Dilutive effect of common stock equivalents		0.5		0.5		0.4		0.4
Diluted shares outstanding		53.5		56.0		53.9		56.0

Anti-dilutive stock options excluded from the computation of diluted EPS for the three and nine months ended September 30, 2017 were 246,468 and 426,410, respectively. Anti-dilutive stock options excluded from the computation of diluted EPS for the three and nine months ended September 30, 2016 were 468,281 and 690,715.