Net Earnings Per Share

6 Months Ended

Jun. 30, 2013

Net Earnings Per Share [Abstract]

Net Earnings Per Share

 

(7) Net Earnings Per Share

The calculations of net earnings per share – basic and net earnings per share – diluted were as follows:

	3 Months Ended				6 Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
Net earnings per share – basic:
Net earnings available to common shareholders	$	68.2	$	41.0	$	92.1	$	81.2
Weighted-average common shares outstanding		77.4		80.1		77.3		80.1
	$	0.88	$	0.51	$	1.19	$	1.01
Net earnings per share – diluted:
Net earnings available to common shareholders	$	68.2	$	41.0	$	92.1	$	81.2
Weighted-average common shares outstanding		77.4		80.1		77.3		80.1
Effect of dilutive securities – stock options		0.6		0.2		0.6		0.3
Effect of other share-based awards		0.6		0.1		0.7		0.4
		78.6		80.4		78.6		80.8
	$	0.87	$	0.51	$	1.17	$	1.01

There were 2.1 million and 4.2 million share-based awards excluded from the calculation of net earnings per share – diluted for the three months ended June 30, 2013 and 2012, respectively, and 2.3 million and 4.2 million share-based awards excluded from the calculation of net earnings per share – diluted for the six months ended June 30, 2013 and 2012, respectively, as the exercise price for these awards was greater than the average market price of the common shares during the period.