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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Reconciliation of Earnings (loss) to Earnings (loss) Attributable to Common Shares Used in Basic and Diluted Calculation

The following table is a reconciliation of earnings (loss) to earnings (loss) attributable to common shares used in our basic and diluted (Loss) Earnings Per Share (“EPS”) calculations for the three and nine months ended September 30, 2020 and 2019. EPS components may not add due to rounding. 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Earnings (loss) from continuing operations

 

$

54.2

 

 

$

90.7

 

 

$

(118.9

)

 

$

190.8

 

(Earnings) allocated to participating vested share awards

 

 

(0.1

)

 

 

(0.2

)

 

 

(0.1

)

 

 

(0.4

)

Earnings (loss) from continuing operations attributable to common shares

 

$

54.1

 

 

$

90.5

 

 

$

(119.0

)

 

$

190.4

 

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 three and nine months ended September 30, 2020 and 2019 (shares in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Basic shares outstanding

 

 

47.9

 

 

 

48.7

 

 

 

47.9

 

 

 

48.8

 

Dilutive effect of common stock equivalents

 

 

0.1

 

 

 

0.8

 

 

 

-

 

 

 

0.8

 

Diluted shares outstanding

 

 

48.0

 

 

 

49.5

 

 

 

47.9

 

 

 

49.6