Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Calculation of EPS

The following table sets forth the calculation of EPS for the three and six months ended June 30, 2020 and 2019 (in millions, except share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Weighted average basic common shares outstanding	17,771,447		17,908,039		17,767,449		17,852,985
Dilutive effect of stock-based awards and employee stock purchases	40,166		22,241		42,488		24,691
Weighted average dilutive common shares	17,811,613		17,930,280		17,809,937		17,877,676
Basic:
Net income (loss)	$	30.2	$	49.2	$	60.0	$	87.9
Less: Earnings (loss) allocated to participating securities	1.1		1.8		2.2		3.3
Net income (loss) available to basic common shares	$	29.1	$	47.4	$	57.8	$	84.6
Basic earnings (loss) per common share	$	1.64	$	2.65	$	3.25	$	4.74
Diluted:
Net income (loss)	$	30.2	$	49.2	$	60.0	$	87.9
Less: Earnings (loss) allocated to participating securities	1.1		1.8		2.1		3.3
Net income (loss) available to diluted common shares	$	29.1	$	47.4	$	57.8	$	84.6
Diluted earnings (loss) per common share	$	1.63	$	2.64	$	3.25	$	4.73