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Income (Loss) per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) per Share
The following table reflects the computation of basic and diluted net income per share for the three months ended March 31, 2020 and 2019:
IN MILLIONS, except per share amounts
 
 
 
 
Three Months Ended March 31,
 
2020
 
2019
 
Basic
Diluted
 
Basic
Diluted
Numerator:
 
 
 
 
 
Net income
$
14.7

$
14.7

 
$
89.4

$
89.4

Less: Restricted stock dividends
(0.2
)
(0.2
)
 
(0.2
)
(0.2
)
Net income available to stockholders
$
14.5

$
14.5

 
$
89.2

$
89.2

Denominator:
 
 
 
 
 
Weighted average common outstanding - basic
114.9

114.9

 
108.3

108.3

Performance-based restricted stock and units
 
0.2

 
 
0.5

Weighted average shares outstanding - diluted
 
115.1

 
 
108.8

EPS:
 
 
 
 
 
Income per share - basic
$
0.13

 
 
$
0.82

 
Effect of dilutive shares:
 
 
 
 
 
Income per share - diluted
 
$
0.13

 
 
$
0.82