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Earnings per common share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings per common share  
Schedule of basic earnings per share

 

 

 

 

 

 

 

 

 

For the year ended

 

 

December 31,

 

    

2017

    

2016

Net earnings

 

$

100.4

 

$

105.6

Weighted average number of common shares outstanding

 

 

41,140,321

 

 

36,306,880

Deferred share units outstanding

 

 

68,007

 

 

70,476

Weighted average number of common shares outstanding - basic

 

 

41,208,328

 

 

36,377,356

Earnings per common share - basic

 

$

2.44

 

$

2.90

 

Schedule of diluted earnings per share

 

 

 

 

 

 

 

 

 

For the year ended

 

 

December 31,

 

    

2017

    

2016

Net earnings - basic

 

$

100.4

 

$

105.6

Effect of potentially dilutive share appreciation rights

 

 

 —

 

 

(2.4)

Net earnings - dilutive

 

 

100.4

 

 

103.2

Weighted average number of common shares outstanding - basic

 

 

41,208,328

 

 

36,377,356

Effect of potentially dilutive share appreciation rights

 

 

24,743

 

 

140,136

Effect of restricted share units

 

 

76,810

 

 

 —

Weighted average number of common shares outstanding - diluted

 

 

41,309,881

 

 

36,517,492

Earnings per common share - diluted

 

$

2.43

 

$

2.83