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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2020
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

NOTE 8 — EARNINGS PER SHARE

The numerators and denominators of the basic and diluted earnings per share (“EPS”) computations for our common stock are calculated as follows:

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

(In millions, except per share amounts)

  

2020

  

2019

Numerator:

 

 

 

 

 

 

Net loss used for basic and diluted EPS computations

 

$

(11.7)

 

$

(55.0)

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average shares used for
basic EPS computation

 

 

107.3

 

 

109.7

Dilutive potential of employee restricted stock units

 

 

 —

 

 

 —

Number of shares used for diluted EPS computation

 

 

107.3

 

 

109.7

Basic and diluted EPS

 

$

(0.11)

 

$

(0.50)

 

The following table includes common stock equivalents that were not included in the calculation of diluted EPS for the periods presented because the effect would be antidilutive. These securities could be dilutive in future periods.

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

(In millions)

  

2020

  

2019

Employee restricted stock units

 

 

3.0

 

 

1.9