XML 28 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]
The following table shows the computation of basic and diluted EPS:
 
 
Three Months Ended
 
June 30,
(in millions, except per share amounts)
2017
 
2016
Numerator:
 
 
 
Net income
$
2.1

 
$
77.6

Preferred stock dividends
2.6

 
2.6

Net (loss) income applicable to common shareowners - basic and diluted
$
(0.5
)
 
$
75.0

Denominator:
 
 
 
Weighted average common shares outstanding - basic
42.2

 
42.0

Stock-based compensation arrangements

 
0.1

Weighted average common shares outstanding - diluted
42.2

 
42.1

Basic (loss) earnings per common share
$
(0.01
)
 
$
1.79

Diluted (loss) earnings per common share
$
(0.01
)
 
$
1.78



 
Six Months Ended
 
June 30,
(in millions, except per share amounts)
2017
 
2016
Numerator:
 
 
 
Net income
$
62.5

 
$
84.6

Preferred stock dividends
5.2

 
5.2

Net income applicable to common shareowners - basic and diluted
$
57.3

 
$
79.4

Denominator:
 
 
 
Weighted average common shares outstanding - basic
42.1

 
42.0

Stock-based compensation arrangements
0.2

 
0.1

Weighted average common shares outstanding - diluted
42.3

 
42.1

Basic earnings per common share
$
1.36

 
$
1.89

Diluted earnings per common share
$
1.35

 
$
1.89