XML 36 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following sets forth basic and diluted earnings per common share available to IPG common stockholders.
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
2017
 
2016
 
2017
 
2016
Net income available to IPG common stockholders
$
146.2

 
$
128.6

 
$
262.4

 
$
290.9

 
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding - basic
389.5

 
397.7

 
391.2

 
399.5

       Dilutive effect of stock options and restricted shares
7.7

 
10.2

 
7.4

 
9.3

Weighted-average number of common shares outstanding - diluted
397.2

 
407.9

 
398.6

 
408.8

 
 
 
 
 
 
 
 
Earnings per share available to IPG common stockholders:
 
 
 
 
 
 
 
       Basic
$
0.38

 
$
0.32

 
$
0.67

 
$
0.73

       Diluted
$
0.37

 
$
0.32

 
$
0.66

 
$
0.71