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Earnings Per Share and Shareholders' Equity Transactions (Tables)
6 Months Ended
Jun. 30, 2012
Information Regarding Basic and Diluted Earnings Per Share

The following table provides weighted average share information used in the calculation of the Company’s basic and diluted earnings per share:

 

   

Three Months Ended

June 30,

   

Six Months Ended

June 30,

 
  (in millions, except per share data)        2012          2011          2012          2011  

Basic shares used in the calculation of earnings per share

      44.9               45.4               44.9               45.4       

Dilutive effect of securities:

               

Employee stock options

      0.2               -                 0.2               -          

Non-vested stock grants

      0.3               -                 0.3               -          
   

 

 

     

 

 

     

 

 

     

 

 

 

Diluted shares used in the calculation of earnings per share

            45.4                     45.4               45.4                       45.4       
   

 

 

     

 

 

     

 

 

     

 

 

 

Per share effect of dilutive securities on income (loss) from continuing operations

  $     -             $     -             $           (0.02)          $     -          
   

 

 

     

 

 

     

 

 

     

 

 

 

Per share effect of dilutive securities on net income (loss)

  $     -             $     -             $     (0.02)          $     -