Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of Net Income Per Share

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator (in millions):
Net income (loss)	$	(7.0)	$	22.8	$	38.0	$	(13.7)
Preferred stock dividends - undeclared and cumulative	1.9		1.9		5.9		5.9
Net income (loss) allocable to common stockholders	$	(8.9)	$	20.9	$	32.1	$	(19.6)
Denominator (in thousands):
Average common shares outstanding - basic	10,723		9,582		10,008		9,560
Potentially dilutive shares related to stock options and restricted stock units (a)	—		44		274		—
Average common shares outstanding - diluted	10,723		9,626		10,282		9,560
Net income (loss) per common share (in dollars):
Basic	$	(0.83)	$	2.18	$	3.21	$	(2.05)
Diluted	$	(0.83)	$	2.17	$	3.12	$	(2.05)
(a) Common stock equivalents excluded from the diluted calculation as a result of a net loss in the period (in thousands)	317		—		—		67
Options outstanding and considered anti-dilutive as their exercise price exceeded the average share market price (in thousands)	—		460		—		460