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Earnings (Loss) per Common Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings (Loss) per Common Share  
Schedule of computation of income per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

June 30, 

 

June 30, 

Computation of Income per Share

    

2018

    

2017

 

2018

    

2017

 

 

(in millions, except for per share data)

Net income (loss)

 

$

25.2

 

$

5.0

 

$

(177.5)

 

$

77.4

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares

 

 

81,868,508

 

 

74,309,106

 

 

83,159,949

 

 

70,413,415

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock awards

 

 

784,207

 

 

24,319

 

 

 —

 

 

24,319

Diluted weighted-average shares

 

 

82,652,715

 

 

74,333,425

 

 

83,159,949

 

 

70,437,734

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share

 

$

0.31

 

$

0.07

 

$

(2.13)

 

$

1.10

Diluted net income (loss) per share

 

$

0.31

 

$

0.07

 

$

(2.13)

 

$

1.10