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Net (Loss) Income per Common Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Summary of Earnings Per Share Basic and Diluted

 

 

 

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