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Earnings Per Share (Tables)
9 Months Ended
Sep. 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

September 30,

   Nine Months Ended
September 30,
(in millions, except per share data)    2012   2011    2012   2011

Basic shares used in the calculation of earnings per share

       44.6         45.3           44.8         45.4   

Dilutive effect of securities:

                 

Employee stock options

       0.2         -          0.2         -  

Non-vested stock grants

       0.4         -          0.4         -  
    

 

 

     

 

 

      

 

 

     

 

 

 

Diluted shares used in the calculation of earnings per share

       45.2         45.3          45.4         45.4  
    

 

 

     

 

 

      

 

 

     

 

 

 

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

     $ (0.02 )     $     -            $ (0.03 )     $     -