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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Reconciliation of Net Earnings (Loss) to Net Earnings (Loss) Attributable to Common Shares Used in Basic and Diluted Earnings (Loss) Per Share Calculation

The following table is a reconciliation of earnings (loss) to earnings (loss) attributable to common shares used in our basic and diluted Earnings (Loss) Per Share (“EPS”) calculations for the years ended December 31, 2021, 2020 and 2019. EPS components may not add due to rounding.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2021

 

 

2020

 

 

2019

 

Earnings (loss) from continuing operations

 

$

185.3

 

 

$

(84.1

)

 

$

242.3

 

(Earnings) allocated to participating vested share awards

 

 

(0.3

)

 

 

(0.1

)

 

 

(0.5

)

Earnings (loss) from continuing operations attributable to common shares

 

$

185.0

 

 

$

(84.2

)

 

$

241.8

 

Reconciliation of Basic Shares Outstanding to Diluted Shares Outstanding

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the years ended December 31, 2021, 2020 and 2019 (shares in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2021

 

 

2020

 

 

2019

 

Basic shares outstanding

 

 

47.6

 

 

 

47.9

 

 

 

48.7

 

Dilutive effect of common stock equivalents

 

 

0.3

 

 

 

-

 

 

 

0.8

 

Diluted shares outstanding

 

 

47.9

 

 

 

47.9

 

 

 

49.5