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Net (Loss) Income Per Common Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Net Income (Loss) 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)
 
2019
 
2018
 
2019
 
2018
Net (loss) income
 
$
(25.1
)
 
$
40.6

 
$
94.9

 
$
107.2

Weighted average common shares outstanding - basic
 
34,299,999

 
33,956,695

 
34,161,016

 
33,921,632

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Equity compensation awards
 

 
699,633

 
608,606

 
767,211

Weighted average common shares outstanding - diluted
 
34,299,999

 
34,656,328

 
34,769,622

 
34,688,843

Net (loss) income per common share:
 
 
 
 
 
 
 
 
Basic
 
$
(0.73
)
 
$
1.20

 
$
2.78

 
$
3.16

Diluted
 
$
(0.73
)
 
$
1.17

 
$
2.73

 
$
3.09