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Net Income per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Reconciliation of Basic to Diluted Net Income per Share

The following is a reconciliation of basic to diluted net income per share:

 

 

 

Quarter Ended

 

 

Year to Date Ended

 

 

 

June 30, 2020

 

 

June 30, 2019

 

 

June 30, 2020

 

 

June 30, 2019

 

Net income/(loss)

 

$

21.7

 

 

$

29.0

 

 

$

(95.0

)

 

$

64.2

 

Shares used in net income per common share - basic

 

 

64.6

 

 

 

64.3

 

 

 

64.5

 

 

 

64.3

 

Incremental shares of unvested restricted common stock

 

 

0.1

 

 

 

0.2

 

 

 

 

 

 

0.2

 

Shares used in net income per common share - diluted

 

 

64.7

 

 

 

64.5

 

 

 

64.5

 

 

 

64.5

 

Shares excluded as their inclusion would be anti-dilutive

 

 

 

 

 

 

 

 

0.1

 

 

 

 

Earnings/(Loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income

 

$

0.34

 

 

$

0.45

 

 

$

(1.47

)

 

$

1.00

 

Diluted net income

 

$

0.34

 

 

$

0.45

 

 

$

(1.47

)

 

$

1.00