Note 15 – Earnings per share (“EPS”)


For the three months ended March 31, 2018
	Earnings		Shares	Per Share
	(Numerator)		(Denominator)	Amount
Basic EPS	$	64.6	185.9	$	0.35
Effect of dilutive securities		—	0.3		—
Diluted EPS	$	64.6	186.2	$	0.35


For the three months ended March 31, 2017
	Earnings		Shares	Per Share
	(Numerator)		(Denominator)	Amount
Basic EPS	$	45.6	178.5	$	0.26
Effect of dilutive securities		—	1.3		(0.01)
Diluted EPS	$	45.6	179.8	$	0.25

For the three months ended March 31, 2018, 97,789 stock options (Q1/2017 – nil) were excluded from the computation of diluted EPS due to being anti-dilutive. Restricted share units totalling 73,762 were excluded from the computation of diluted EPS for the three months ended March 31, 2018 (Q1/2017– 84,094) due to the performance criteria for the vesting of the RSUs not being measurable as at March 31, 2018.