Equity (Tables)

12 Months Ended

Dec. 31, 2016

Restricted Shares Issued in Conjunction with Stock Plan

Restricted Shares issued for 2014 – 2016 in conjunction with the Stock Plan are presented in the following table:

Issuance Date	Shares	Aggregate Market Value (millions)
1/31/14	35,500	$1.1
1/26/15	40,010	$1.5
1/26/16	43,220	$1.6
4/19/16	800	<$0.1

Restricted Stock Units Issued

The equity portion of Restricted Stock Units activity during 2016 and 2015 in conjunction with the Stock Plan are presented in the following table:

Restricted Stock Units (Equity Portion)
	2016				2015
	Units		Weighted Average Stock Price		Units		Weighted Average Stock Price
Beginning Restricted Stock Units		33,588	$	31.83		23,576	$	29.90
Restricted Stock Units Granted		8,505	$	38.51		8,965	$	36.54
Dividend Equivalents Earned		1,252	$	41.00		1,047	$	35.01
Restricted Stock Units Settled		—		—		—		—
Ending Restricted Stock Units		43,345	$	33.40		33,588	$	31.83

Reconciliation of Basic and Diluted Earnings Per Share

Earnings Per Share

The following table reconciles basic and diluted earnings per share (EPS).

(Millions except shares and per share data)	2016		2015		2014
Earnings Available to Common Shareholders	$	27.1	$	26.3	$	24.7
Weighted Average Common Shares Outstanding—Basic (000’s)		13,990		13,917		13,843
Plus: Diluted Effect of Incremental Shares (000’s)		6		3		4
Weighted Average Common Shares Outstanding—Diluted (000’s)		13,996		13,920		13,847
Earnings per Share—Basic and Diluted	$	1.94	$	1.89	$	1.79

Weighted Average Non Vested Restricted Shares Excluded from Computation of Earnings Per Share

The following table shows the number of weighted average non-vested restricted shares that were not included in the above computation of EPS because the effect would have been antidilutive.

	2016		2015		2014
Weighted Average Non-Vested Restricted Shares Not Included in EPS Computation		600		36,941		—