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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2011
Earnings Per Share 
Schedule of computation of basic and diluted EPS

 

 

 

Second Quarter

 

Six Months

 

 

 

2011

 

2010

 

2011

 

2010

 

 

 

(in millions, except per share amounts)

 

 

 

(restated)

 

(restated)

 

(restated)

 

(restated)

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(42.6

)

$

179.1

 

$

98.0

 

$

512.6

 

Less: Distributed and undistributed income (loss) available to nonvested shareholders

 

 

0.3

 

0.1

 

1.0

 

Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries

 

$

(42.6

)

$

178.8

 

$

97.9

 

$

511.6

 

Basic shares

 

184.2

 

184.1

 

184.0

 

184.2

 

Basic earnings per share

 

$

(0.23

)

$

0.97

 

$

0.53

 

$

2.78

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries

 

$

(42.6

)

$

178.8

 

$

97.9

 

$

511.6

 

Plus: Re-allocation of undistributed income (loss) available to nonvested shareholders of AGL and subsidiaries

 

 

 

 

 

Distributed and undistributed income (loss) available to common shareholders of AGL and subsidiaries

 

$

(42.6

)

$

178.8

 

$

97.9

 

$

511.6

 

Basic shares

 

184.2

 

184.1

 

184.0

 

184.2

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Options and restricted stock awards

 

 

0.8

 

0.9

 

0.9

 

Equity units

 

 

3.9

 

2.5

 

4.7

 

Diluted shares

 

184.2

 

188.8

 

187.4

 

$

189.8

 

Diluted earnings per share

 

$

(0.23

)

$

0.95

 

$

0.52

 

$

2.70

 

Potentially dilutive securities excluded from computation of earnings per share because of antidilutive effect

 

9.6

 

2.7

 

2.9

 

2.4