Annual report pursuant to Section 13 and 15(d)

Basis of Presentation (Tables)

v3.8.0.1
Basis of Presentation (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Net Property, Plant and Equipment

As of December 31, 2017 and 2016, the Company’s net property, plant and equipment consisted of the following (in millions):

 

 

 

December 31,

 

 

 

2017

 

 

2016

 

Property, plant and equipment — at cost:

 

 

 

 

 

 

 

 

Land and building

 

$

51.0

 

 

$

51.0

 

Furniture and fixtures

 

 

26.7

 

 

 

25.9

 

Equipment

 

 

803.5

 

 

 

719.8

 

Building and leasehold improvements

 

 

199.0

 

 

 

185.7

 

 

 

 

1,080.2

 

 

 

982.4

 

Less: accumulated depreciation and amortization

 

 

(702.7

)

 

 

(604.4

)

Net property, plant and equipment

 

$

377.5

 

 

$

378.0

 

 

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,

 

 

 

2017

 

 

2016

 

 

2015

 

Weighted average shares used in basic computations

 

 

79.2

 

 

 

83.0

 

 

 

82.6

 

Dilutive effect of exercise of equity grants outstanding

 

 

3.7

 

 

 

3.1

 

 

 

2.7

 

Weighted average shares used in diluted computations

 

 

82.9

 

 

 

86.1

 

 

 

85.3