Annual report pursuant to Section 13 and 15(d)

Earnings (Loss) per Common Share (Tables)

v2.4.0.6
Earnings (Loss) per Common Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Basic and diluted earnings per common share
Basic and diluted earnings per common share for the years ended December 31, 2012, 2011 and 2010 were calculated as follows:
(in millions, except per share data)
2012
 
2011
 
2010
Net earnings (loss) from continuing operations
$
147.4

 
$
90.6

 
$
(64.0
)
Net earnings (loss) from discontinued operations, net of tax
(97.4
)
 
(18.7
)
 
(46.6
)
Net earnings (loss)
$
50.0

 
$
71.9

 
$
(110.6
)
 
 
 
 
 
 
Weighted average outstanding shares – basic
89.8

 
89.3

 
88.7

Dilutive effect of common stock equivalents
2.6

 
2.9

 

Weighted average outstanding shares – diluted
92.4

 
92.2

 
88.7

 
 
 
 
 
 
Basic earnings (loss) per common share:
 
 
 
 
 
Continuing operations
$
1.64

 
$
1.02

 
$
(0.72
)
Discontinued operations
(1.08
)
 
(0.21
)
 
(0.53
)
Net earnings (loss)
$
0.56

 
$
0.81

 
$
(1.25
)
 
 
 
 
 
 
Diluted earnings (loss) per common share:
 
 
 
 
 
Continuing operations
$
1.59

 
$
0.98

 
$
(0.72
)
Discontinued operations
(1.05
)
 
(0.20
)
 
(0.53
)
Net earnings (loss)
$
0.54

 
$
0.78

 
$
(1.25
)