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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2020
EARNINGS (LOSS) PER SHARE  
Schedule of computations for basic and diluted earnings (loss) per share

 

 

 

 

 

 

 

 

 

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)

 

Summary of common stock equivalents that were not included in the calculation of diluted net earnings per share

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

(In millions)

  

2020

  

2019

Employee restricted stock units

 

 

3.0

 

 

1.9