Earnings Per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 22. EARNINGS PER SHARE

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

	Three Months Ended
	March 31,
	2020			2019
(Loss) earnings from continuing operations	$	(222.6	)	$	36.4
Loss (earnings) allocated to participating non-vested share awards		-			(0.1	)
(Loss) earnings from continuing operations attributable to common shares	$	(222.6	)	$	36.3

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

	Three Months Ended
	March 31,
	2020		2019
Basic shares outstanding		48.0		48.7
Dilutive effect of common stock equivalents		-		0.8
Diluted shares outstanding		48.0		49.5

Due to the net loss for the three months ended March 31, 2020, all common stock equivalents were considered anti-dilutive. Anti-dilutive stock awards excluded from the computation of diluted EPS for the three months ended March 31, 2020 and 2019 were 702,513 and 30,371, respectively.