Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2012

Earnings (Loss) Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

8. EARNINGS (LOSS) PER SHARE

Earnings (loss) per share — basic is computed by dividing income or loss available to common stockholders by the weighted average number of shares of common stock outstanding for the period. Earnings (loss) per share — diluted reflects the potential dilution that could occur if options issued under stock-based compensation awards were converted into common stock. For the three-month periods ended March 31, 2012 and 2011, options to purchase 2.0 million and 1.3 million shares of the Company’s common stock, respectively, had exercise prices that were greater than the average market price of those shares during the respective reporting periods. As a result, these shares are excluded from the earnings (loss) per share calculation as they are anti-dilutive.

Computation of Earnings (Loss) per Common Share

	Three Months Ended March  31,
(in millions, except per share data)	2012			2011
Loss from continuing operations	$	(0.6	)	$	(5.3	)
Gain from discontinued operations and disposal, net of tax		0.1			—
Net loss	$	(0.5	)	$	(5.3	)
Weighted average shares outstanding—basic		62.2			62.1
Dilutive effect of common stock equivalents		—			—
Weighted average shares outstanding—diluted		62.2			62.1
Basic and diluted loss per share:
Loss from continuing operations	$	(0.01	)	$	(0.08	)
Loss from discontinued operations and disposal, net of tax		—			—
Net loss per share	$	(0.01	)	$	(0.08	)
Weighted average common shares outstanding:
Basic		62.2			62.1
Diluted		62.2			62.1