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Earnings Per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2013
Reconciliation of Earnings and Share Data used in Basic and Diluted Earnings per Share Computations

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