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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Calculation of basic and diluted earnings per share
Basic and diluted earnings per share for 2013, 2012 and 2011 were calculated as follows:
 
 
Year Ended December 31,
 
 
2013
 
2012
 
2011
Numerator:
 
 

 
 
 
 
Net income
 
$
104.8

 
$
85.8

 
$
25.1

Denominator - Weighted-average common shares outstanding (in thousands):
 
 
 
 
 
 
Basic1
 
18,827

 
19,115

 
18,979

Add: dilutive effect of non-vested common shares, restricted stock units and performance shares
 
178

 
163

 

Add: dilutive effect of warrants
 
241

 

 

Diluted2
 
19,246

 
19,278

 
18,979

Earnings per common share, Basic:
 
 
 
 
 
 
Net income per share
 
$
5.56

 
$
4.49

 
$
1.32

Earnings per common share, Diluted:
 
 
 
 
 
 
Net income per share2
 
$
5.44

 
$
4.45

 
$
1.32

_____________

1 
The basic weighted-average number of common shares outstanding during the period excludes unvested share-based incentive awards.

2 
The diluted weighted-average number of common shares outstanding and diluted earnings per share for 2013 and 2012 were calculated using the treasury method. The diluted weighted-average number of common shares outstanding and diluted earnings per share for 2011 were calculated using the two-class method (see Note 1).