XML 62 R65.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Details) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Numerator:                      
Income from continuing operations $ 60.2 $ 66.4 $ 64.3 $ 44.3 $ 44.0 $ 64.4 $ 76.1 $ 44.2 $ 235.2 $ 228.7 $ 172.0
Less: dividends declared - common stock outstanding, unvested restricted shares and restricted share units                 (53.7) (48.0) (43.5)
Undistributed earnings                 181.5 180.7 128.5
Percent allocated to common shareholders                 99.50% 99.40% 99.00%
Undistributed earnings allocated to common shareholders                 180.6 179.7 127.3
Add: dividends declared - common stock                 53.4 47.7 43.1
Numerator for basic and diluted EPS                 234.0 227.4 170.4
Denominator (in thousands):                      
Denominator for basic EPS: weighted-average common shares outstanding                 63,471,000 62,513,000 61,457,000
Effect of dilutive securities:                      
Performance awards (in shares)                 416,000 399,000 318,000
Stock options (in shares)                 919,000 698,000 720,000
Denominator for diluted EPS: adjusted weighted average common shares outstanding and assumed conversion                 64,806,000 63,610,000 62,495,000
Per share income from continuing operations:                      
Basic (in dollars per share) $ 0.94 $ 1.04 $ 1.01 $ 0.70 $ 0.69 $ 1.02 $ 1.21 $ 0.71 $ 3.69 [1] $ 3.64 [1] $ 2.77 [1]
Diluted (in dollars per share) $ 0.92 $ 1.02 $ 0.99 $ 0.68 $ 0.68 $ 1.00 $ 1.19 $ 0.69 $ 3.61 [1] $ 3.57 [1] $ 2.73 [1]
Basic weighted-average common shares outstanding                 63,471,000 62,513,000 61,457,000
Basic weighted-average common shares outstanding, unvested restricted shares expected to vest and restricted share units                 63,797,000 62,871,000 62,047,000
Percent allocated to common shareholders                 99.50% 99.40% 99.00%
Income (loss) from discontinued operations and net income                      
Income (loss) from discontinued operations attributable to common shareholders for basic and diluted earnings per share                 (25.4) 41.2 8.2
Net income attributable to common shareholders for basic and diluted earnings per share                 $ 208.6 $ 268.6 $ 178.6
Antidilutive stock options excluded from EPS calculation (in shares)                     200,000
[1] Earning per share calculated based on the two-class method. See Note 8 for detailed calculations.