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Earnings Per Share and Shareholders' Equity Transactions (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share and Shareholders’ Equity Transactions [Abstract]  
Information Regarding Basic and Diluted Earnings Per Share



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

September 30,

 

September 30,



 

 

 

 

 

 

 

 

 

 

 

 

(in millions, except per share data)

 

 

2016

 

 

2015

 

 

2016

 

 

2015

Basic shares used in the calculation of earnings per share

 

 

42.7 

 

 

44.0 

 

 

42.8 

 

 

44.1 

Dilutive effect of securities:

 

 

 

 

 

 

 

 

 

 

 

 

Employee stock options

 

 

0.2 

 

 

0.5 

 

 

0.3 

 

 

0.5 

Non-vested stock grants

 

 

0.1 

 

 

0.4 

 

 

0.2 

 

 

0.4 

Diluted shares used in the calculation of earnings per share

 

 

43.0 

 

 

44.9 

 

 

43.3 

 

 

45.0 

Per share effect of dilutive securities on income from continuing operations

 

$

(0.01)

 

$

(0.03)

 

$

(0.04)

 

$

(0.11)

Per share effect of dilutive securities on net income

 

$

(0.01)

 

$

(0.04)

 

$

(0.05)

 

$

(0.11)