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Earnings Per Share
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

The calculation of earnings per share is as follows:
 
Years ended December 31,
In millions, except per share data
2014
 
2013
 
2012
Income from continuing operations, net of taxes

$1,004.5

 

$918.3

 

$569.2

Net (income)/loss attributable to noncontrolling interests in consolidated entities
(13.0
)
 
(42.5
)
 
89.8

Income from continuing operations attributable to Invesco Ltd. for basic and diluted EPS calculations
991.5

 
875.8

 
659.0

Income from discontinued operations, net of taxes
(3.4
)
 
64.5

 
18.1

Net income attributable to common shareholders

$988.1

 

$940.3

 

$677.1

 
 
 
 
 
 
Weighted average shares outstanding - basic
435.0

 
447.5

 
452.3

Dilutive effect of share-based awards
0.6

 
1.0

 
1.5

Weighted average shares outstanding - diluted
435.6

 
448.5

 
453.8

 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
Earnings per share from continuing operations
$2.28
 
$1.96
 
$1.46
Earnings per share from discontinued operations
(0.01)
 
$0.14
 
$0.04
Basic earnings per share
$2.27
 
$2.10
 
$1.50
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
Earnings per share from continuing operations
$2.28
 
$1.95
 
$1.45
Earnings per share from discontinued operations
(0.01)
 
$0.14
 
$0.04
Diluted earnings per share
$2.27
 
$2.10
 
$1.49


See Note 11, “Share-Based Compensation,” for a summary of share awards outstanding under the company's share-based payment programs. These programs could result in the issuance of common shares that would affect the measurement of basic and diluted earnings per share.

There were no antidilutive options excluded from the computation of diluted earnings per share in the year ended December 31, 2014, (December 31, 2013: none; December 31, 2012: none). Antidilutive options are those where the options' exercise prices are greater than the average market price of the shares.

There were no time-vested share awards that were excluded from the computation of diluted earnings per share during the years ended December 31, 2014, 2013, and 2012 due to their inclusion being anti-dilutive. There were 0.3 million contingently issuable shares excluded from the diluted earnings per share computation during year ended December 31, 2014 (December 31, 2013: 0.3 million; December 31, 2012: 0.2 million), because the necessary performance conditions for the shares to be issuable had not yet been satisfied at the end of the respective period.