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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Comparison of basic and diluted earnings per share
The following table sets forth the comparison of basic and diluted earnings per share:
 
Year Ended December 31,
 
2016

2015

2014
Basic earnings per share:





Net income
$
255.3

 
$
83.9

 
$
490.3

Weighted average common shares outstanding
88,275,810

 
92,530,208

 
97,538,319

Basic earnings per share
$
2.89

 
$
0.91

 
$
5.03

 
Year Ended December 31,
 
2016

2015

2014
Diluted earnings per share:





Net income
$
255.3

 
$
83.9

 
$
490.3

Weighted average common shares outstanding
88,275,810

 
92,530,208

 
97,538,319

Share equivalents:
 
 
 
 
 
Stock options
839,038

 
1,031,666

 
1,432,960

RSU and PU awards
677,033

 
591,773

 
605,808

Employee share purchase plan
9,013

 
20,813

 
14,686

Weighted average common shares and common share equivalents outstanding — diluted
89,800,894

 
94,174,460

 
99,591,773

Diluted earnings per share
$
2.84

 
$
0.89

 
$
4.92