EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

Basic and diluted (loss) income per share are computed by dividing net (loss) income by the weighted-average number of common shares outstanding.  Diluted net income per share reflects the dilutive effect of stock-based compensation.

	Years ended December 31,
	2016			2015			2014
Computation of Income (loss) per Share	(In millions, except per share data)
Income (loss) from continuing operations, net	$	(3.9	)	$	(1.4	)	$	105.0
Income from discontinued operations, net	—			—			0.7
Net (loss) income	$	(3.9	)	$	(1.4	)	$	105.7
Basic shares	165.2			103.4			78.6
Basic (loss) income per share:
Income (loss) from continuing operations	$	(0.02	)	$	(0.01	)	$	1.33
Income from discontinued operations, net	—			—			0.01
Net (loss) income	$	(0.02	)	$	(0.01	)	$	1.34
Diluted shares:
Basic shares	165.2			103.4			78.6
Stock-based compensation	—			—			1.1
Diluted shares	165.2			103.4			79.7
Diluted (loss) income per share:
Income (loss) from continuing operations	$	(0.02	)	$	(0.01	)	$	1.32
Income from discontinued operations, net	—			—			0.01
Net (loss) income	$	(0.02	)	$	(0.01	)	$	1.33

The computation of dilutive shares from stock-based compensation does not include 6.5 million, 5.2 million and 0.6 million shares in 2016, 2015 and 2014, respectively, as their effect would have been anti-dilutive.