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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted net earnings per share
The following table sets 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,
 
2016

2015
 
Net Income

Weighted-Average
Shares
Outstanding

Net Income Per Common Share

Net Income

Weighted-Average
Shares
Outstanding

Net Income Per Common Share
Basic EPS
$
13.5


46.3


$
0.29


$
15.1


46.2


$
0.33

Effect of dilutive common share equivalents:











Restricted stock units


0.1






0.2



Performance shares

 
0.1

 

 

 
0.2

 

Diluted EPS
$
13.5


46.5


$
0.29


$
15.1


46.6


$
0.33

___________________________________________
Note: Basic and diluted earnings per share are calculated based on unrounded actual amounts.

 
Nine Months Ended September 30,
 
2016
 
2015
 
Net Income
 
Weighted-Average
Shares
Outstanding
 
Net Income Per Common Share
 
Net Income
 
Weighted-Average
Shares
Outstanding
 
Net Income Per Common Share
Basic EPS
$
35.5

 
46.3

 
$
0.77

 
$
33.8

 
46.2

 
$
0.73

Effect of dilutive common share equivalents:
 
 
 
 
 
 
 
 
 
 
 
Restricted stock units

 
0.1

 
(0.01
)
 

 
0.2

 

Performance shares

 
0.1

 

 

 
0.2

 

Diluted EPS
$
35.5

 
46.5

 
$
0.76

 
$
33.8

 
46.6

 
$
0.73

___________________________________________
Note: Basic and diluted earnings per share are calculated based on unrounded actual amounts.