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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2015
EARNINGS PER SHARE  
Summary of earnings per share calculation

 

The following is a summary of the earnings per share calculation for the three and nine months ended September 30, 2015 and 2014 (in millions, except per share data):

 

 

Three months ended

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Net income attributable to JCG

 

$

19.9 

 

$

40.9 

 

$

109.2 

 

$

107.7 

 

Less: Allocation of earnings to participating restricted stock awards

 

0.7 

 

1.4 

 

3.9 

 

3.6 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to JCG common shareholders

 

$

19.2 

 

$

39.5 

 

$

105.3 

 

$

104.1 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share attributable to JCG common shareholders:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

179.9 

 

181.4 

 

180.3 

 

183.0 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.11 

 

$

0.22 

 

$

0.58 

 

$

0.57 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share attributable to JCG common shareholders:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

179.9 

 

181.4 

 

180.3 

 

183.0 

 

Incremental common shares

 

6.5 

 

1.4 

 

7.7 

 

1.0 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average diluted common shares outstanding

 

186.4 

 

182.8 

 

188.0 

 

184.0 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.10 

 

$

0.22 

 

$

0.56 

 

$

0.57 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of anti-dilutive securities that have not been included in the calculation of weighted average diluted shares outstanding

 

The following stock options, unvested nonparticipating restricted stock and price-vesting units are anti-dilutive and have not been included in the weighted-average diluted shares outstanding calculation (in millions):

 

 

Three months ended

 

Nine months ended

 

 

 

September 30,

 

September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

Employee stock options

 

—

 

1.8 

 

—

 

3.4 

 

Unvested nonparticipating restricted stock and price-vesting units

 

—

 

0.1 

 

—

 

0.1