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Net Income Per Common Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Net Income Per Common Share on Basic and Diluted Basis
The following table presents the calculation of net income per common share on a basic and diluted basis:
 
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
(in millions, except number of shares and per share amounts)
 
2018
 
2017
 
2018
 
2017
Net income
 
$
41.8

 
$
46.0

 
$
66.6

 
$
82.7

Weighted average common shares outstanding - basic
 
33,938,509

 
34,731,866

 
33,903,809

 
34,643,594

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Equity compensation awards
 
730,409

 
973,618

 
801,002

 
1,001,046

Weighted average common shares outstanding - diluted
 
34,668,918

 
35,705,484

 
34,704,811

 
35,644,640

Net income per common share:
 
 
 
 
 
 
 
 
Basic
 
$
1.23

 
$
1.32

 
$
1.96

 
$
2.39

Diluted
 
$
1.20

 
$
1.29

 
$
1.92

 
$
2.32