XML 39 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

 

For the three months ended Mar. 31,

 

(millions, except per share amounts)

2015

 

 

2014 (1)

 

Basic earnings per share

 

 

 

 

 

 

 

Net income from continuing operations

$

63.8

 

 

$

48.4

 

Amount allocated to nonvested participating shareholders

 

(0.2

)

 

 

(0.2

)

Income before discontinued operations available to

   common shareholders - Basic

$

63.6

 

 

$

48.2

 

Income (Loss) from discontinued operations, net

$

(5.8

)

 

$

1.7

 

Amount allocated to nonvested participating shareholders

 

0.0

 

 

 

0.0

 

Income (Loss) from discontinued operations available to

   common shareholders - Basic

$

(5.8

)

 

$

1.7

 

Net income

$

58.0

 

 

$

50.1

 

Amount allocated to nonvested participating shareholders

 

(0.2

)

 

 

(0.2

)

Net income available to common shareholders - Basic

$

57.8

 

 

$

49.9

 

Average common shares outstanding - Basic

 

232.8

 

 

 

215.2

 

Earnings per share from continuing operations available to

   common shareholders - Basic

$

0.27

 

 

$

0.22

 

Earnings per share from discontinued operations available to

   common shareholders - Basic

$

(0.02

)

 

$

0.01

 

Earnings per share available to common shareholders - Basic

$

0.25

 

 

$

0.23

 

Diluted earnings per share

 

 

 

 

 

 

 

Net income from continuing operations

$

63.8

 

 

$

48.4

 

Amount allocated to nonvested participating shareholders

 

(0.2

)

 

 

(0.2

)

Income before discontinued operations available to

   common shareholders - Diluted

$

63.6

 

 

$

48.2

 

Income (Loss) from discontinued operations, net

$

(5.8

)

 

$

1.7

 

Amount allocated to nonvested participating shareholders

 

0.0

 

 

 

0.0

 

Income (Loss) from discontinued operations available to

   common shareholders - Diluted

$

(5.8

)

 

$

1.7

 

Net income

$

58.0

 

 

$

50.1

 

Amount allocated to nonvested participating shareholders

 

(0.2

)

 

 

(0.2

)

Net income available to common shareholders - Diluted

$

57.8

 

 

$

49.9

 

Unadjusted average common shares outstanding - Diluted

 

232.8

 

 

 

215.2

 

Assumed conversion of stock options, unvested restricted stock and

   contingent performance shares, net

 

0.7

 

 

 

0.5

 

Average common shares outstanding - Diluted

 

233.5

 

 

 

215.7

 

Earnings per share from continuing operations available to

   common shareholders - Diluted

$

0.27

 

 

$

0.22

 

Earnings per share from discontinued operations available to

   common shareholders - Diluted

$

(0.02

)

 

$

0.01

 

Earnings per share available to common shareholders - Diluted

$

0.25

 

 

$

0.23

 

Anti-dilutive shares

 

0.1

 

 

 

0.0

 

(1) All prior periods presented reflect the classification of TECO Coal as discontinued operations (see Note 15).