Net Income Per Common Share Computations

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Net Income Per Common Share Computations

NET INCOME PER COMMON SHARE COMPUTATIONSThe following is a reconciliation of the numerator and denominator of the net income per common share computations:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions, except per share data)	2021		2020		2021		2020
Numerator for basic net income (loss) per common share:
Net income (loss) from continuing operations	$	108.3	$	(23.6)	$	144.4	$	(46.2)
Net loss attributable to noncontrolling interest	—		—		—		(0.1)
Net income (loss) from continuing operations, net of loss attributable to noncontrolling interests	108.3		(23.6)		144.4		(46.1)
Net loss from discontinued operations	—		(95.2)		—		(96.1)
Numerator for basic net income (loss) per common share	$	108.3	$	(118.8)	$	144.4	$	(142.2)
Numerator for diluted net income (loss) from continuing operations per common share	$	108.3	$	(23.6)	$	144.4	$	(46.1)
Numerator for diluted net income (loss) per common share	$	108.3	$	(118.8)	$	144.4	$	(142.2)
Denominator for net income (loss) per common share:
Basic	38.7		39.5		38.8		39.6
Plus dilutive effect of stock awards	0.6		—		0.6		—
Diluted	39.3		39.5		39.4		39.6
Net income (loss) per common share data:
Basic
Continuing operations	$	2.80	$	(0.59)	$	3.72	$	(1.16)
Discontinued operations	$	—	$	(2.41)	$	—	$	(2.43)
Net income (loss) per common share - basic	$	2.80	$	(3.00)	$	3.72	$	(3.59)
Diluted
Continuing operations	$	2.76	$	(0.59)	$	3.66	$	(1.16)
Discontinued operations	$	—	$	(2.41)	$	—	$	(2.43)
Net income (loss) per common share - diluted	$	2.76	$	(3.00)	$	3.66	$	(3.59)
Anti-dilutive stock awards excluded from the calculation of diluted shares	—		0.5		—		0.5