Net Income (Loss) per Common Share (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of basic and diluted net income (loss) per share under the two-class method for the three months ended March 31, 2021 and 2020 (in millions, except for per share amounts):


	Three Months Ended March 31,
	2021		2020
Net income from continuing operations	$	5.5	$	8.3
Less: Distributed net income available to participating securities	0.0		(0.3)

Numerator for basic and diluted net income per share:
Undistributed and distributed net income available to common shareholders	$	5.5	$	8.0





Denominator:
Weighted average shares outstanding for basic net income per share	37.7		37.7
Effect of dilutive securities	0.2		0.2
Weighted average shares outstanding for diluted net income per share	37.9		37.9
Net income per share from continuing operations:
Basic	$	0.15	$	0.21
Diluted	$	0.14	$	0.21

Net income (loss) from discontinued operations	$	9.7	$	(0.1)
Net income (loss) per share from discontinued operations:
Basic	$	0.26	$	0.00
Diluted	$	0.25	$	0.00

Net income per share:
Basic	$	0.41	$	0.21
Diluted	$	0.39	$	0.21

Potentially dilutive securities	0.2		0.7