Net (Loss) Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Net (Loss) Income Per Common Share on Basic and Diluted Basis

The following table presents the calculation of net (loss) income per common share on a basic and diluted basis:

	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
(in millions, except number of shares and per share amounts)	2017			2016		2017		2016
Net (loss) income	$	(61.3	)	$	55.2	$	21.4	$	113.8
Weighted average common shares    outstanding - basic		29,978,485			30,018,637		30,075,424		30,227,725
Effect of dilutive securities:
Equity compensation awards		—			709,746		817,602		661,762
Weighted average common shares    outstanding - diluted		29,978,485			30,728,383		30,893,026		30,889,487
Net (loss) income per common share:
Basic	$	(2.04	)	$	1.84	$	0.71	$	3.76
Diluted	$	(2.04	)	$	1.80	$	0.69	$	3.68