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Per Share Information
 9 Months Ended
Sep. 30, 2013
Earnings Per Share Disclosures [Abstract]  
Per Share Information
Per Share Information
The following table sets forth the computation of basic and diluted income from continuing operations per common share:
 
 
Three Months Ended
 
Nine months ended
(in millions, except per share amounts):
September 30,
 
September 30,
2013
 
2012
 
2013
 
2012
Numerator for basic income (loss) from continuing operations per common share -
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to ATI
$
(28.4
)
 
$
31.3

 
$
(15.0
)
 
$
134.5

Effect of dilutive securities:
 
 
 
 
 
 
 
4.25% Convertible Notes due 2014
—

 
2.1

 
—

 
6.5

Numerator for diluted income (loss) from continuing operations per common share -
 
 
 
 
 
 
 
Income (loss) from continuing operations available to ATI after assumed conversions
$
(28.4
)
 
$
33.4

 
$
(15.0
)
 
$
141.0

Denominator for basic net income per common share-weighted average shares
106.8

 
106.2

 
106.7

 
106.1

Effect of dilutive securities:
 
 
 
 
 
 
 
Share-based compensation
—

 
0.9

 
—

 
0.9

4.25% Convertible Notes due 2014
—

 
9.6

 
—

 
9.6

Denominator for diluted net income per common share – adjusted weighted average shares assuming conversions
106.8

 
116.7

 
106.7

 
116.6

Basic income (loss) from continuing operations attributable to ATI per common share
$
(0.27
)
 
$
0.30

 
$
(0.14
)
 
$
1.27

Diluted income (loss) from continuing operations attributable to ATI per common share
$
(0.27
)
 
$
0.29

 
$
(0.14
)
 
$
1.21


Common stock that would be issuable upon the assumed conversion of the 2014 Convertible Notes and other option equivalents and contingently issuable shares are excluded from the computation of contingently issuable shares, and therefore, from the denominator for diluted earnings per share, if the effect of inclusion is anti-dilutive. Excluded shares for the three and nine month periods ended September 30, 2013 were 10.0 million shares. There were no anti-dilutive shares for the periods ended September 30, 2012.