Earnings per Share (Notes)

6 Months Ended

Jun. 30, 2020

Basic and diluted earnings per share were computed as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
(in millions, except share and per share amounts)	2020		2019		2020		2019
(Loss) earnings from continuing operations	$	(19.5)	$	5.9	$	(32.3)	$	3.2
Earnings from discontinued operations, net	—		—		3.7		—
Net (loss) earnings	$	(19.5)	$	5.9	$	(28.6)	$	3.2

Basic (loss) earnings per common share:
(Loss) earnings from continuing operations	$	(0.21)	$	0.06	$	(0.35)	$	0.04
Earnings from discontinued operations, net	—		—		0.04		—
Net (loss) earnings	$	(0.21)	$	0.06	$	(0.31)	$	0.04

Weighted-average shares outstanding	91,589,156		91,018,213		91,721,440		90,780,035

Diluted (loss) earnings per common share:
(Loss) earnings from continuing operations	$	(0.21)	$	0.06	$	(0.35)	$	0.03
Earnings from discontinued operations, net	—		—		0.04		—
Net (loss) earnings	$	(0.21)	$	0.06	$	(0.31)	$	0.03

Diluted weighted-average shares outstanding	91,589,156		92,507,279		91,721,440		92,184,274

As the Company intends to settle the principal amount of the Notes in cash, the treasury stock method was used to calculate any potential dilutive effect of the conversion option on diluted earnings per share, if applicable. For the three and six months ended June 30, 2020, the weighted-average number of anti-dilutive potential common shares excluded from the diluted earnings per share calculation above was 6,157,127 and 5,176,141, respectively. For the three and six months ended June 30, 2019, the weighted-average number of anti-dilutive potential common shares excluded from the diluted earnings per share calculation above was 4,306,633 and 4,457,926, respectively.