EARNINGS PER COMMON SHARE The following table presents information necessary to calculate basic and diluted income per Common Share. | | | | | | | | | | | | | | Year Ended September 30, | | 2018 | | 2017 | | 2016 | | (In millions, except per share data) | Income from continuing operations | $ | 127.6 |
| | $ | 198.3 |
| | $ | 246.1 |
| Net (income) loss attributable to noncontrolling interest | — |
| | (0.5 | ) | | 0.5 |
| Income attributable to controlling interest from continuing operations | 127.6 |
| | 197.8 |
| | 246.6 |
| Income (loss) from discontinued operations, net of tax | (63.9 | ) | | 20.5 |
| | 68.7 |
| Net income attributable to controlling interest | $ | 63.7 |
| | $ | 218.3 |
| | $ | 315.3 |
| BASIC INCOME PER COMMON SHARE: | | | | | | Weighted-average Common Shares outstanding during the period | 56.2 |
| | 59.4 |
| | 61.1 |
| Income from continuing operations | $ | 2.27 |
| | $ | 3.33 |
| | $ | 4.04 |
| Income (loss) from discontinued operations | (1.14 | ) | | 0.35 |
| | 1.12 |
| Net income | $ | 1.13 |
| | $ | 3.68 |
| | $ | 5.16 |
| DILUTED INCOME PER COMMON SHARE: | | | | | | Weighted-average Common Shares outstanding during the period | 56.2 |
| | 59.4 |
| | 61.1 |
| Dilutive potential Common Shares | 0.9 |
| | 0.8 |
| | 0.9 |
| Weighted-average number of Common Shares outstanding and dilutive potential Common Shares | 57.1 |
| | 60.2 |
| | 62.0 |
| Income from continuing operations | $ | 2.23 |
| | $ | 3.29 |
| | $ | 3.98 |
| Income (loss) from discontinued operations | (1.11 | ) | | 0.34 |
| | 1.11 |
| Net income | $ | 1.12 |
| | $ | 3.63 |
| | $ | 5.09 |
|
Stock options with exercise prices greater than the average market price of the underlying Common Shares are excluded from the computation of diluted income per Common Share because they are out-of-the-money and the effect of their inclusion would be anti-dilutive. There were no Common Shares covered by out-of-the-money options for the year ended September 30, 2018 or September 30, 2017, and there were 0.2 million Common Shares covered by out-of-the-money options for the year ended September 30, 2016. |