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Net Income (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share on Basic and Diluted Basis
The following table presents the calculation of net income (loss) 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)
 
2018
 
2017
 
2018
 
2017
Net income (loss)
 
$
40.6

 
$
(61.3
)
 
$
107.2

 
$
21.4

Weighted average common shares outstanding - basic
 
33,956,695

 
34,475,452

 
33,921,632

 
34,586,931

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Equity compensation awards
 
699,633

 

 
767,211

 
940,242

Weighted average common shares outstanding - diluted
 
34,656,328

 
34,475,452

 
34,688,843

 
35,527,173

Net income (loss) per common share:
 
 
 
 
 
 
 
 
Basic
 
$
1.20

 
$
(1.78
)
 
$
3.16

 
$
0.62

Diluted
 
$
1.17

 
$
(1.78
)
 
$
3.09

 
$
0.60