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Earnings Per Share
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

The calculation of earnings per share is as follows:
 
Years ended December 31,
In millions, except per share data
2015
 
2014
 
2013
Income from continuing operations, net of taxes

$964.1

 

$1,004.5

 

$918.3

Net (income)/loss attributable to noncontrolling interests in consolidated entities
4.0

 
(13.0
)
 
(42.5
)
Income from continuing operations attributable to Invesco Ltd. for basic and diluted EPS calculations
968.1

 
991.5

 
875.8

Income from discontinued operations, net of taxes
—

 
(3.4
)
 
64.5

Net income attributable to Invesco Ltd.
968.1

 
988.1

 
940.3

Less: Allocation of earnings to restricted shares
(24.6
)
 
(28.2
)
 
(32.1
)
Net income attributable to common shareholders

$943.5

 

$959.9

 

$908.2

 
 
 
 
 
 
Invesco Ltd:
 
 
 
 
 
Weighted average shares outstanding - basic
428.9

 
435.0

 
447.5

Dilutive effect of non-participating share-based awards
0.4

 
0.6

 
1.0

Weighted average shares outstanding - diluted
429.3

 
435.6

 
448.5

 
 
 
 
 
 
Common shareholders:
 
 
 
 
 
Weighted average shares outstanding - basic
428.9

 
435.0

 
447.5

Less: Weighted average restricted shares
(10.9
)
 
(12.4
)
 
(15.3
)
Weighted average common shares outstanding- basic
418.0

 
422.6

 
432.2

Dilutive effect of non-participating share-based awards
0.4

 
0.6

 
1.0

Weighted average common shares outstanding - diluted
418.4

 
423.2

 
433.2

 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
Earnings per share from continuing operations
$2.26
 
$2.28
 
$1.96
Earnings per share from discontinued operations

$—

 
($0.01)
 
$0.14
Basic earnings per share
$2.26
 
$2.27
 
$2.10
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
Earnings per share from continuing operations
$2.26
 
$2.28
 
$1.95
Earnings per share from discontinued operations

$—

 
($0.01)
 
$0.14
Diluted earnings per share
$2.26
 
$2.27
 
$2.10


See Note 11, “Share-Based Compensation,” for a summary of share awards outstanding under the company's share-based payment programs. These programs could result in the issuance of common shares that would affect the measurement of basic and diluted earnings per share.

There were no time-vested share awards that were excluded from the computation of diluted earnings per share during the years ended December 31, 2015, 2014, and 2013 due to their inclusion being anti-dilutive. There were 0.4 million contingently issuable shares excluded from the diluted earnings per share computation during year ended December 31, 2015 (December 31, 2014: 0.3 million; December 31, 2013: 0.3 million), because the necessary performance conditions for the shares to be issuable had not yet been satisfied at the end of the respective period.