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Income (Loss) per Common Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Income (Loss) per Common Share

Note 3 — Income (Loss) per Common Share

 

The following table sets forth the computation of the weighted average basic and diluted income (loss) per share:

  

   2021   2020 
   Years Ended December 31, 
   2021   2020 
  

(In millions, except share and per

share amounts)

 
Numerator:        
Income (loss) from continuing operations  $13.0   $(19.6)
Loss from discontinued operations, net of income taxes   (0.7)   (42.7)
Gain on sale and deconsolidation of discontinued business, net of income taxes   16.7     
Net income (loss)  $29.0   $(62.3)
Denominator:          
Weighted average number of diluted shares outstanding during the period - basic and diluted (in thousands)   25.4    25.2 
           
Income (loss) per common share attributable to GlassBridge common shareholders — basic and diluted:          
Continuing operations  $511.81   $(782.16)
Discontinued operations   629.92    (1,690.61)
Net income  $1,141.73   $(2,472.77)
Anti-dilutive shares excluded from calculation