NET INCOME PER COMMON SHARE COMPUTATIONS The following is a reconciliation of the numerator and denominator of the net income per common share computations: | | | | | | | | | | | | | | | | | | | Years Ended December 31, | (in millions, except per share data) | 2020 | | 2019 | | 2018 | Numerator for basic net income (loss) per common share: | | | | | | Net income from continuing operations | $ | 13.3 | | | $ | 139.6 | | | $ | 182.6 | | Net loss attributable to noncontrolling interest | (0.2) | | | (0.3) | | | — | | Net income from continuing operations, net of loss attributable to noncontrolling interests | 13.5 | | | 139.9 | | | 182.6 | | Net (loss) income from discontinued operations | (95.4) | | | (2.4) | | | 170.2 | | Numerator for basic net (loss) income per common share | $ | (81.9) | | | $ | 137.5 | | | $ | 352.8 | | | | | | | | Numerator for diluted net income from continuing operations per common share | $ | 13.5 | | | $ | 139.9 | | | $ | 182.6 | | | | | | | | Numerator for diluted net (loss) income per common share | $ | (81.9) | | | $ | 137.5 | | | $ | 352.8 | | | | | | | | Denominator for net (loss) income per common share: | | | | | | Basic | 39.6 | | | 40.1 | | | 41.3 | | Plus dilutive effect of stock awards | 0.5 | | | 0.5 | | | 0.3 | | Diluted | 40.1 | | | 40.6 | | | 41.6 | | | | | | | | Net (loss) income per common share data: | | | | | | Basic | | | | | | Continuing operations | $ | 0.34 | | | $ | 3.49 | | | $ | 4.42 | | Discontinued operations | $ | (2.41) | | | $ | (0.06) | | | $ | 4.12 | | Net (loss) income per common share - basic | $ | (2.07) | | | $ | 3.43 | | | $ | 8.54 | | | | | | | | Diluted | | | | | | Continuing operations | $ | 0.33 | | | $ | 3.44 | | | $ | 4.39 | | Discontinued operations (1) | $ | (2.41) | | | $ | (0.06) | | | $ | 4.09 | | Net (loss) income per common share - diluted | $ | (2.08) | | | $ | 3.38 | | | $ | 8.48 | |
(1) Amounts exclude all potential common equivalent shares for periods when there is a net loss from discontinued operations.
|