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NOTE 19 - EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted earnings per share:
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Ìý |
(In Millions, Except Per Share Amounts) |
Ìý |
Three Months Ended
June 30, |
Ìý |
Six Months Ended
June 30, |
Ìý |
2019 |
Ìý |
2018 |
Ìý |
2019 |
Ìý |
2018 |
Income from continuing operations |
$ |
161.4 |
|
Ìý |
$ |
229.4 |
|
Ìý |
$ |
139.3 |
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Ìý |
$ |
216.0 |
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Loss from discontinued operations, net of tax |
(0.6 |
) |
Ìý |
(64.3 |
) |
Ìý |
(0.6 |
) |
Ìý |
(135.2 |
) |
Net income |
$ |
160.8 |
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Ìý |
$ |
165.1 |
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Ìý |
$ |
138.7 |
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Ìý |
$ |
80.8 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Weighted average number of shares: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Basic |
275.8 |
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Ìý |
297.6 |
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Ìý |
282.6 |
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Ìý |
297.4 |
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$316.25 million 1.50% 2025 Convertible Senior Notes |
6.7 |
|
Ìý |
— |
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Ìý |
6.9 |
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Ìý |
— |
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Employee stock plans |
3.0 |
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Ìý |
3.7 |
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Ìý |
4.1 |
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Ìý |
3.7 |
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Diluted |
285.5 |
|
Ìý |
301.3 |
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Ìý |
293.6 |
|
Ìý |
301.1 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Earnings (loss) per common share - basic: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Continuing operations |
$ |
0.59 |
|
Ìý |
$ |
0.77 |
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Ìý |
$ |
0.49 |
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Ìý |
$ |
0.73 |
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Discontinued operations |
— |
|
Ìý |
(0.22 |
) |
Ìý |
— |
|
Ìý |
(0.46 |
) |
Ìý |
$ |
0.59 |
|
Ìý |
$ |
0.55 |
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Ìý |
$ |
0.49 |
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Ìý |
$ |
0.27 |
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Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Earnings (loss) per common share - diluted: |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
Continuing operations |
$ |
0.57 |
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Ìý |
$ |
0.76 |
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Ìý |
$ |
0.47 |
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Ìý |
$ |
0.72 |
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Discontinued operations |
— |
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Ìý |
(0.21 |
) |
Ìý |
— |
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Ìý |
(0.45 |
) |
Ìý |
$ |
0.57 |
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Ìý |
$ |
0.55 |
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Ìý |
$ |
0.47 |
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Ìý |
$ |
0.27 |
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