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Earnings Per Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table sets forth the computation of basic and diluted net earnings per share (dollars and shares in millions, except per share amounts):
 
Years Ended December 31,
 
2016
 
2015
 
2014
 
Net Income
 
Weighted-Average Shares Outstanding
 
Net Income Per Common Share
 
Net Income
 
Weighted-Average Shares Outstanding
 
Net Income Per Common Share
 
Net Income
 
Weighted-Average Shares Outstanding
 
Net Income Per Common Share
Basic EPS
$
54.2

 
46.3

 
$
1.17

 
$
51.5

 
46.2

 
$
1.12

 
$
42.7

 
46.2

 
$
0.93

Effect of dilutive
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
common share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
equivalents:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Restricted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
stock units

 
0.1

 

 

 
0.2

 
(0.01
)
 

 
0.2

 
(0.01
)
Stock options

 

 

 

 

 

 

 
0.2

 

Performance shares

 
0.1

 

 

 
0.2

 

 

 

 

Diluted EPS
$
54.2

 
46.5

 
$
1.17

 
$
51.5

 
46.6

 
$
1.11

 
$
42.7

 
46.6

 
$
0.92

______________________________________________
Note: Basic and diluted earnings per share are calculated based on unrounded actual amounts.
Stock options and RSU's to purchase common stock are not included in the computation of diluted earnings per share if their effect would be anti-dilutive. There were no anti-dilutive stock options and RSU's excluded in the computation of diluted earnings per share for 2016, 2015 and 2014.