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Income Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table shows how we reconcile our net income and the number of shares used in computing basic and diluted income per share:

(in millions, except per share amounts)
 
2019
 
2018
 
2017
Basic net income per share:
 
 
 
 
 
 
Consolidated net income
 
$
152.0

 
$
183.0

 
$
136.9

 
 
 
 
 
 
 
Weighted average common shares outstanding
 
42.7

 
42.6

 
42.7

 
 
 
 
 
 
 
Basic net income per share
 
$
3.56

 
$
4.30

 
$
3.21

 
 
 
 
 
 
 
Diluted net income per share:
 
 
 
 
 
 
Consolidated net income
 
$
152.0

 
$
183.0

 
$
136.9

 
 


 


 
 
Weighted average common shares outstanding
 
42.7

 
42.6

 
42.7

Net effect of dilutive stock options and restricted stock units
 
0.5

 
0.4

 
0.3

Weighted average common shares outstanding for computing diluted income per share
 
43.2

 
43.0

 
43.0

 
 


 


 
 
Diluted net income per share
 
$
3.52

 
$
4.25

 
$
3.18