EARNINGS PER SHARE (Tables)

3 Months Ended

Sep. 30, 2011

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

Basic and diluted earnings per share are calculated as follows for the three months ended September 30:

	2011		2010
Net income – Basic and Diluted earnings	$	3.8	$	19.5
Basic weighted average shares of common stock outstanding		56.2		58.2
Dilutive effect of stock options		0.3		1.0
Dilutive effect of restricted common stock and warrants		0.1		0.4
Diluted weighted average common stock and common stock equivalents		56.6		59.6
Basic earnings per share of common stock	$	0.07	$	0.33
Diluted earnings per share of common stock and common stock equivalents	$	0.07	$	0.33
Common stock equivalents excluded from the calculation of diluted earnings per share because their impact would render them anti-dilutive		5.3		0.9