Common Shares and Net Income (Loss) per Common Share - (Tables)

3 Months Ended

Mar. 28, 2020

Earnings Per Share [Abstract]

Reconciliation of Numerator and Denominators of Basic and Diluted Net Income (Loss) Per Common Share

Set forth below is a reconciliation of the numerator and denominator for the diluted net income (loss) per common share computations for the periods indicated:

	For the Three Months Ended
	March 28, 2020		March 30, 2019
Numerator (in millions of U.S. dollars):
Net loss from continuing operations	$	(27.4)	$	(22.7)
Net income from discontinued operations	30.9		3.0
Net income (loss)	3.5		(19.7)
Basic Earnings Per Share
Denominator (in thousands):
Weighted average common shares outstanding - basic	141,139		135,948
Basic Earnings Per Share:
Continuing operations	(0.19)		(0.17)
Discontinued operations	0.22		0.03
Net income (loss)	0.02		(0.14)
Diluted Earnings Per Share
Denominator (in thousands):
Weighted average common shares outstanding - basic	141,139		135,948
Dilutive effect of Stock Options	—		—
Dilutive effect of Performance-based RSUs	—		—
Dilutive effect of Time-based RSUs	—		—
Weighted average common shares outstanding - diluted	141,139		135,948
Diluted Earnings Per Share:
Continuing operations	(0.19)		(0.17)
Discontinued operations	0.22		0.03
Net income (loss)	0.02		(0.14)

Summary of the Anti-dilutive Securities Excluded from the Computation of Diluted Net (Loss) Income Per Common Share

The following table summarizes anti-dilutive securities excluded from the computation of diluted net income (loss) per common share for the periods indicated:

	For the Three Months Ended
(in thousands)	March 28, 2020	March 30, 2019
Stock Options	6,477	5,378
Performance-based RSUs 1	750	1,252
Time-based RSUs	557	374

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1  Performance-based RSUs represent the number of shares expected to be issued based primarily on the estimated achievement of cumulative pre-tax income targets for these awards.