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Earnings Per Share of Common Stock
9 Months Ended
Sep. 30, 2012
Earnings Per Share of Common Stock
11. Earnings Per Share of Common Stock

The following is a reconciliation of the earnings and share data used in the basic and diluted earnings per share computations for the three and nine months ended September 30, 2012 and 2011 (in millions, except share amounts):

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2012      2011     2012      2011  

Net earnings

   $ 125.4       $ 19.2      $ 794.9       $ 105.6   

Effect of dilutive securities

     —           (1.3     0.2         (1.1
  

 

 

    

 

 

   

 

 

    

 

 

 

Income available to common stockholders for diluted earnings per share

   $ 125.4       $ 17.9      $ 795.1       $ 104.5   
  

 

 

    

 

 

   

 

 

    

 

 

 

Weighted average common shares outstanding applicable to basic earnings per share

     16,931,811         8,811,807        14,943,160         8,881,601   

Effect of dilutive securities

     —           10,749        19,855         9,858   
  

 

 

    

 

 

   

 

 

    

 

 

 

Adjusted weighted average common shares outstanding applicable to diluted earnings per share

     16,931,811         8,822,556        14,963,015         8,891,459   
  

 

 

    

 

 

   

 

 

    

 

 

 

Contingently issuable shares of 52,627 and 37,228 were potentially available during the first nine months of 2012 and 2011, respectively, but were not included in the computations of diluted earnings per share because the impact was anti-dilutive to the earnings per share calculation.