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Earnings Per Share of Common Stock
 6 Months Ended
Jun. 30, 2013
Earnings Per Share of Common Stock
7. 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 six months ended June 30, 2013 and 2012:

 

     Three Months Ended
June  30,		      Six Months Ended
June  30,		  
     2013      2012      2013      2012  
     (dollars in millions)  

Net earnings

    $ 113.7       $ 109.3       $ 310.0       $ 669.4   

Effect of dilutive securities

      —           0.1         —           0.4   
  

 

 

     

 

 

     

 

 

     

 

 

  

Income available to common stockholders for diluted earnings per share

    $ 113.7       $ 109.4       $ 310.0       $ 669.8   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted average common shares outstanding applicable to basic earnings per share

      16,781,461         16,930,548         16,804,108         13,937,909   

Effect of dilutive securities

      —           19,789         —           27,669   
  

 

 

     

 

 

     

 

 

     

 

 

  

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

      16,781,461         16,950,337         16,804,108         13,965,578   
  

 

 

     

 

 

     

 

 

     

 

 

  

Contingently issuable shares of 65,051 and 41,006 were potentially available during the first six months of 2013 and 2012, 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.