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Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following tables set forth the computation of basic and diluted net income per common share (dollars and shares in millions, except per share amounts):
 
Three Months Ended September 30,
 
2015

2014
 
Net Income

Weighted-Average
Shares
Outstanding

Net Income Per Common Share

Net Income

Weighted-Average
Shares
Outstanding

Net Income Per Common Share
Basic EPS
$
15.1


23.1


$
0.65


$
13.7


23.1


$
0.59

Effect of dilutive common share equivalents:











Restricted stock units


0.1






0.1



Stock options
 
 

 

 
 
 
0.1

 

Performance shares
 
 
0.1

 

 
 
 

 

Diluted EPS
$
15.1


23.3


$
0.65


$
13.7


23.3


$
0.59

___________________________________________
Note: Basic and diluted earnings per share are calculated based on unrounded actual amounts.
 
Nine Months Ended September 30,
 
2015
 
2014
 
Net Income
 
Weighted-Average
Shares
Outstanding
 
Net Income Per Common Share
 
Net Income
 
Weighted-Average
Shares
Outstanding
 
Net Income Per Common Share
Basic EPS
$
33.8

 
23.1

 
$
1.46

 
$
28.1

 
23.1

 
$
1.22

Effect of dilutive common share equivalents:
 
 
 
 
 
 
 
 
 
 
 
Restricted stock units
 
 
0.1

 
(0.01
)
 
 
 
0.1

 
(0.01
)
Performance shares
 
 
0.1

 

 
 
 

 

Diluted EPS
$
33.8

 
23.3

 
$
1.45

 
$
28.1

 
23.2

 
$
1.21

___________________________________________
Note: Basic and diluted earnings per share are calculated based on unrounded actual amounts.
The number of unvested common shares that were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive were zero and 74,674 for the three and nine months ended September 30, 2015, respectively. For the same periods in 2014, there were no anti-dilutive unvested common shares outstanding.