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Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2021
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

 

 

 

March 31, 2021

 

 

March 31, 2020

 

Net income/(loss)

 

$

39.2

 

 

$

(116.6

)

Shares used in net income per common share - basic

 

 

64.7

 

 

 

64.5

 

Incremental shares of unvested restricted common stock

 

 

0.6

 

 

 

 

Shares used in net income per common share - diluted

 

 

65.3

 

 

 

64.5

 

Shares excluded as their inclusion would be anti-dilutive

 

 

 

 

 

0.1

 

Earnings/(Loss) per share:

 

 

 

 

 

 

 

 

Basic net income

 

$

0.61

 

 

$

(1.81

)

Diluted net income

 

$

0.60

 

 

$

(1.81

)