Net (Loss) Income per Common Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Net (Loss) Income per Common Share

Note 2 — Net (Loss) Income per Common Share

	Quarter Ended March 31,
(In millions, except per share data)	2021			2020
Basic net (loss) income per common share:
Net (loss) income	$	(14.0	)	$	42.4
Weighted average common shares outstanding		84.0			83.7
Basic net (loss) income per common share	$	(0.17	)	$	0.51
Diluted net (loss) income per common share:
Net (loss) income		(14.0	)		42.4
Weighted average common shares outstanding — Basic		84.0			83.7
Plus incremental shares from assumed conversions:
Restricted stock units		-			0.3
Stock options		-			0.3
Weighted average common shares outstanding — Dilutive		84.0			84.3
Diluted net (loss) income per common share	$	(0.17	)	$	0.50

Total common stock equivalents of, 1.1 million and 0.6 million, were excluded from the computation of diluted net (loss) income per share for the three months ended March 31, 2021 and 2020, respectively, because to do so would have been anti-dilutive.