XML 59 R46.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Numerator:        
Income from continuing operations $ 113.0 $ 102.7 $ 256.2 $ 243.5
Less: dividends declared (28.4) (28.7) (84.4) (84.7)
Undistributed earnings $ 84.6 $ 74.0 $ 171.8 $ 158.8
Percent allocated to common shareholders 99.70% 99.70% 99.70% 99.70%
Undistributed earnings available to common shareholders $ 84.3 $ 73.8 $ 171.3 $ 158.3
Add: dividends declared to common shares, restricted share units and vested and deferred restricted and performance shares 28.2 28.4 84.1 84.3
Income from continuing operations attributable to common shareholders $ 112.5 $ 102.2 $ 255.4 $ 242.6
Denominator (in thousands):        
Basic weighted-average shares outstanding (in shares) 52,300,000 54,100,000 52,600,000 54,900,000
Effect of dilutive securities:        
Performance awards (in shares) 200,000 200,000 100,000 200,000
Stock options (in shares) 500,000 200,000 500,000 300,000
Denominator for diluted EPS: weighted-average shares outstanding (in shares) 53,000,000.0 54,500,000 53,200,000 55,400,000
Per share income from continuing operations attributable to common shares:        
Basic (in dollars per share) $ 2.15 $ 1.89 $ 4.86 $ 4.42
Diluted (in dollars per share) $ 2.12 $ 1.88 $ 4.80 $ 4.38
Basic weighted-average shares outstanding (in shares) 52,300,000 54,100,000 52,600,000 54,900,000
Basic weighted-average shares outstanding and unvested restricted shares expected to vest (in shares) 52,400,000 54,300,000 52,700,000 55,100,000
Percent allocated to common shareholders 99.70% 99.70% 99.70% 99.70%
Anti-dilutive stock options excluded from EPS calculation        
Income (loss) from discontinued operations attributable to common shareholders for basic and diluted earnings per share $ 29.0 $ (0.4) $ 37.3 $ (4.0)
Net income attributable to common shareholders for basic and diluted earnings per share $ 141.5 $ 101.8 $ 292.7 $ 238.6
Anti-dilutive stock options excluded from earnings per share calculation (in shares) 0 400,000 200,000 300,000