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BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE
 3 Months Ended
Mar. 31, 2016
Earnings Per Share, Basic and Diluted [Abstract]  
BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE
BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE
Shares used in basic earnings (loss) per share are computed using the weighted average number of common shares outstanding during each period. Shares used in diluted earnings (loss) per share include the dilutive effect of unvested restricted stock under the Company’s Stock Plan using the treasury stock method. At March 31, 2016 and 2015, there were no outstanding stock options under the Company's Stock Plan.
No unvested restricted stock awards were excluded from the computation of diluted earnings (loss) per common share for the three months ended March 31, 2016 and 2015.








The components of basic and diluted earnings per common share for the three months ended March 31, 2016 and 2015 were as follows:
 
Three Months Ended March 31,
 
2016
 
2015
Numerator:
 
 
 
Income (loss) from continuing operations, net of taxes
$
10.6

 
$
(0.8
)
Income (loss) from discontinued operations, net of taxes
0.4

 
(0.1
)
Net income (loss)
$
11.0

 
$
(0.9
)
Denominator:
 
 
 
Weighted average common shares outstanding – Basic
52,482,413

 
52,386,223

Effect of dilutive restricted stock
167,350

 
—

Weighted average common shares outstanding – Diluted
52,649,763

 
52,386,223

Basic earnings (loss) per common share:
 
 
 
Continuing operations
$
0.20

 
$
(0.02
)
Discontinued operations
0.01

 
—

Net income (loss)
$
0.21

 
$
(0.02
)
Diluted earnings (loss) per common share:
 
 
 
Continuing operations
$
0.20

 
$
(0.02
)
Discontinued operations
0.01

 
—

Net income (loss)
$
0.21

 
$
(0.02
)