Net Income (Loss) Per Common Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Net Income (Loss) Per Common Share

Note 2 — Net Income (Loss) Per Common Share

	Quarter Ended March 31,
(In millions, except per share data)	2022		2021
Basic net income (loss) per common share:
Net income (loss)	$	17.8	$	(14.0	)
Weighted average common shares outstanding		84.3		84.0
Basic net income (loss) per common share	$	0.21	$	(0.17	)
Diluted net income (loss) per common share:
Net income (loss)	$	17.8	$	(14.0	)
Weighted average common shares outstanding — Basic		84.3		84.0
Plus incremental shares from assumed conversions:
Restricted stock units		0.4		-
Stock options		0.2		-
Weighted average common shares outstanding — Dilutive		84.9		84.0
Diluted net income (loss) per common share	$	0.21	$	(0.17	)

Total common stock equivalents of 0.7 million and 1.1 million were excluded from the computation of diluted net income (loss) per share for the three months ended March 31, 2022 and 2021, respectively, because to do so would have been anti-dilutive.