Income (Loss) per Common Share

12 Months Ended

Dec. 31, 2022

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:

	Years Ended December 31,
	2022			2021
	(In millions, except share and per share amounts)
Numerator:
Income (loss) from continuing operations	$	(3.0	)	$	13.0
Loss from discontinued operations, net of income taxes		—			(0.7	)
Gain on sale and deconsolidation of discontinued business, net of income taxes		—			16.7
Net income (loss)	$	(3.0	)	$	29.0
Denominator:
Weighted average number of shares outstanding during the period - basic and dilutive (in thousands)		26.4			25.4
Income (loss) per common share — basic and diluted:
Continuing operations	$	(113.64	)	$	511.81
Discontinued operations		—			629.92
Net income (loss)	$	(113.64	)	$	1,141.73

The Company has 1,360 shares of outstanding and exercisable stock options that have been excluded because they would be anti-dilutive. See Note 9 –Stock-Based Compensation for additional information on the stock options.