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Earnings Per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 28.  EARNINGS PER SHARE

Earnings per share components may not add due to rounding.

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 years ended December 31, 2020, 2019 and 2018. EPS components may not add due to rounding.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

2019

 

 

2018

 

(Loss) earnings from continuing operations

 

$

(84.1

)

 

$

242.3

 

 

$

189.6

 

(Earnings) allocated to participating vested share awards

 

 

(0.1

)

 

 

(0.5

)

 

 

(0.6

)

(Loss) earnings from continuing operations attributable to common shares

 

$

(84.2

)

 

$

241.8

 

 

$

189.0

 

 

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the years ended December 31, 2020, 2019 and 2018 (shares in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

2019

 

 

2018

 

Basic shares outstanding

 

 

47.9

 

 

 

48.7

 

 

 

51.3

 

Dilutive effect of common stock equivalents

 

 

-

 

 

 

0.8

 

 

 

0.8

 

Diluted shares outstanding

 

 

47.9

 

 

 

49.5

 

 

 

52.1

 

 

Due to the net loss for the year ended December 31, 2020, all common stock equivalents were considered anti-dilutive. Anti-dilutive options excluded from the computation of dilutive EPS for 2020 and 2019 were 313,003 and 7,580, respectively. There were no anti-dilutive stock options excluded from the computation of diluted EPS in 2018.