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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Summary of the computation of earnings per share
The following table sets forth the computation of earnings per share for the three and nine months ended September 30, 2016 and 2015 (in millions, except per share amounts):
 
Three Months Ended September 30,
Nine Months Ended September 30,
 
2016

2015

2016

2015

Numerator:
 

 

 

 

Net income attributable to Hubbell
$
86.7

$
73.3

$
228.6

$
215.8

Less: Earnings allocated to participating securities
(0.3
)
(0.2
)
(0.7
)
(0.6
)
Net income available to common shareholders
$
86.4

$
73.1

$
227.9

$
215.2

Denominator:
 

 

 

 

Average number of common shares outstanding
55.3

57.7

55.6

57.8

Potential dilutive common shares
0.2

0.2

0.2

0.3

Average number of diluted shares outstanding
55.5

57.9

55.8

58.1

Earnings per share:
 

 

 

 

Basic
$
1.56

$
1.27

$
4.10

$
3.73

Diluted
$
1.56

$
1.27

$
4.08

$
3.71