EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Reconciliation of Basic to Dilutive Average Common Shares

The following table sets forth the computation of basic and diluted EPS for the periods presented (in millions):


	Years ended December 31,
	2020		2019		2018
Numerator:
Net earnings	$	7.7	$	67.5	$	73.3
Less: Preferred stock dividends	$	(3.3)	$	—	$	—
Net earnings available to common stockholders (Basic and Diluted)	$	4.4	$	67.5	$	73.3

Denominator: (shares in thousands)
Denominator for basic EPS - weighted-average shares	49,077		48,846		48,657
Potentially dilutive shares issuable under stock compensation plans (1)	453		611		561
Denominator for diluted EPS - weighted-average shares	49,530		49,457		49,218


Net earnings per share:
Basic	$	0.09	$	1.38	$	1.51
Diluted	$	0.09	$	1.36	$	1.49

(1)For the year ended December 31, 2020, an aggregate of 0.3 million potentially dilutive securities representing options to purchase common stock and unvested shares of restricted stock, and common shares issuable upon assumed conversion of the Series A Preferred Stock totaling 4.4 million shares had the effect of being anti-dilutive and were excluded from the computation of diluted EPS. For the year ended December 31, 2018, less than 0.1 million of potentially dilutive securities representing options to purchase common stock were excluded from the computation of diluted EPS on account of being anti-dilutive. There were no exclusions for the year ended December 31, 2019.