XML 32 R22.htm IDEA: XBRL DOCUMENT v3.19.2
Net Income Per Common Share Computations
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Net Income Per Common Share Computations NET INCOME PER COMMON SHARE COMPUTATIONS
The following is a reconciliation of the numerator and denominator of the net income per common share computations:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in millions, except per share data)
2019
 
2018
 
2019
 
2018
Numerator for basic net income per common share:
 
 
 
 
 
 
 
Net income from continuing operations
$
108.3

 
$
103.2

 
$
120.2

 
$
117.3

Net (loss) income from discontinued operations
(1.2
)
 
(0.1
)
 
(1.5
)
 
167.8

Numerator for basic net income per common share
$
107.1

 
$
103.1

 
$
118.7

 
$
285.1

 
 
 
 
 
 
 
 
Numerator for diluted net income from continuing operations per common share
$
108.3

 
$
103.2

 
$
120.2

 
$
117.3

Numerator for diluted net income per common share:
$
107.1

 
$
103.1

 
$
118.7

 
$
285.1

 
 
 
 
 
 
 
 
Denominator for net income per common share:
 
 
 
 
 
 
 
Basic
40.1

 
40.7

 
40.3

 
42.0

Plus dilutive effect of stock awards
0.6

 
0.2

 
0.4

 
0.2

Diluted
40.7

 
40.9

 
40.7

 
42.2

 
 
 
 
 
 
 
 
Net income (loss) per common share data:
 
 
 
 
 
 
 
Basic
 
 
 
 
 
 
 
Continuing operations
$
2.69

 
$
2.54

 
$
2.99

 
$
2.80

Discontinued operations
$
(0.03
)
 
$
—

 
$
(0.04
)
 
$
3.99

Net income per common share - basic
$
2.66

 
$
2.54

 
$
2.95

 
$
6.79

 
 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 
 
Continuing operations
$
2.66

 
$
2.52

 
$
2.96

 
$
2.78

Discontinued operations
$
(0.03
)
 
$
—

 
$
(0.04
)
 
$
3.97

Net income per common share - diluted
$
2.63

 
$
2.52

 
$
2.92

 
$
6.75