Annual report pursuant to Section 13 and 15(d)

Basis of Presentation (Tables)

v3.6.0.2
Basis of Presentation (Tables)
 12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Net Property, Plant and Equipment

At December 31, 2016 and 2015, the Company’s net property, plant and equipment consisted of the following (in millions):

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

Property, plant and equipment — at cost:

 

 

 

 

 

 

 

 

Land and Building

 

$

51.0

 

 

$

22.2

 

Furniture and fixtures

 

 

25.9

 

 

 

25.0

 

Equipment

 

 

719.8

 

 

 

652.4

 

Building and leasehold improvements

 

 

185.7

 

 

 

177.0

 

 

 

 

982.4

 

 

 

876.6

 

Less: accumulated depreciation and amortization

 

 

(604.4

)

 

 

(537.4

)

Net property, plant and equipment

 

$

378.0

 

 

$

339.2

 

 
Components of Accumulated Other Comprehensive Income (Loss)

Components of accumulated other comprehensive income (loss) consisted of the following (in millions):

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Foreign currency translation adjustment, net of tax

 

$

(215.5

)

 

$

(183.0

)

 

$

(96.4

)

Unrealized gain on derivatives, net of tax

 

 

10.4

 

 

 

17.4

 

 

 

18.0

 

Unrealized gain on available-for-sale investments, net of tax

 

 

—

 

 

 

0.1

 

 

 

0.2

 

Total accumulated other comprehensive loss

 

$

(205.1

)

 

$

(165.5

)

 

$

(78.2

)

 
Computation of Basic and Diluted Earnings Per Share

The following are the common share amounts used to compute the basic and diluted earnings per share for each period (in millions):

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Weighted average shares used in basic computations

 

 

83.0

 

 

 

82.6

 

 

 

86.3

 

Dilutive effect of exercise of equity grants outstanding

 

 

3.1

 

 

 

2.7

 

 

 

4.5

 

Weighted average shares used in diluted computations

 

 

86.1

 

 

 

85.3

 

 

 

90.8