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Net Income (Loss) Per Common Share
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
NET INCOME (LOSS) PER COMMON SHARE
Basic net income (loss) per common share excludes the dilutive impact of potentially dilutive securities and is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted net income per common share includes the effect of potential dilution from the exercise of outstanding stock options, restricted shares and performance shares. Potentially dilutive securities have been excluded in the weighted average number of common shares used for the calculation of net income per share in periods of net loss because the effect of such securities would be anti-dilutive. A reconciliation of our basic and diluted net income per common share is as follows:
 
Three Months Ended September 30,
Nine Months Ended September 30,
(In millions, except per share data)
2016
2015
2016
2015
Net income (loss) to common shareholders
$
(10.7
)
$
35.1

$
67.5

$
55.1

Basic weighted average shares outstanding
238.5

235.9

237.8

232.7

Diluted weighted average shares outstanding
238.5

240.9

242.4

239.1

Net income (loss) per Common Share:
 
 


Basic net income (loss) per share
$
(0.04
)
$
0.15

$
0.28

$
0.24

Diluted net income (loss) per share
$
(0.04
)
$
0.15

$
0.28

$
0.23

The number of anti-dilutive shares that have been excluded in the computation of diluted net income (loss) per share for the three and nine months ended September 30, 2016 were 13.0 million and 1.4 million, respectively. The number of anti-dilutive shares that have been excluded in the computation of diluted net income (loss) per share for the three and nine months ended September 30, 2015 were 1.1 million and 0.6 million, respectively.