The following illustrates the earnings allocation method utilized in the calculation of basic and diluted EPS: | | | | | | | | | | | | Three Months Ended March 31, | | | 2013 | | 2012 | | | (Dollars in millions) | EPS numerator: | | | | | (Loss) income from continuing operations, net of income taxes | | $ | (10.3 | ) | | $ | 183.0 |
| Less: Net income attributable to noncontrolling interests | | 4.0 |
| | 5.6 |
| (Loss) income from continuing operations attributable to common stockholders, before allocation of earnings to participating securities | | (14.3 | ) | | 177.4 |
| Less: Earnings from continuing operations allocated to participating securities | | — |
| | 1.2 |
| (Loss) income from continuing operations attributable to common stockholders, after allocation of earnings to participating securities (1) | | (14.3 | ) | | 176.2 |
| Loss from discontinued operations, net of income taxes | | (9.1 | ) | | (4.7 | ) | Net (loss) income attributable to common stockholders, after allocation of earnings to participating securities (1) | | $ | (23.4 | ) | | $ | 171.5 |
| | | | | | EPS denominator: | | | | | Weighted average shares outstanding — basic | | 266.9 |
| | 270.1 |
| Impact of dilutive securities | | — |
| | 0.8 |
| Weighted average shares outstanding — diluted | | 266.9 |
| | 270.9 |
| | | | | | Basic EPS attributable to common stockholders: | | | | | (Loss) income from continuing operations | | $ | (0.05 | ) | | $ | 0.65 |
| Loss from discontinued operations | | (0.04 | ) | | (0.02 | ) | Net (loss) income | | $ | (0.09 | ) | | $ | 0.63 |
| | | | | | Diluted EPS attributable to common stockholders: | | | | | (Loss) income from continuing operations | | $ | (0.05 | ) | | $ | 0.65 |
| Loss from discontinued operations | | (0.04 | ) | | (0.02 | ) | Net (loss) income | | $ | (0.09 | ) | | $ | 0.63 |
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| | (1) | The reallocation adjustment for participating securities to arrive at the numerator used to calculate diluted EPS was less than $0.1 million for the three months ended March 31, 2012. |
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