Earnings per Share (Notes)

9 Months Ended

Sep. 30, 2020

Basic and diluted earnings per share were computed as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions, except share and per share amounts)	2020		2019		2020		2019
Earnings (loss) from continuing operations	$	5.6	$	25.4	$	(26.7)	$	28.6
Earnings from discontinued operations, net	—		—		3.7		—
Net earnings (loss)	$	5.6	$	25.4	$	(23.0)	$	28.6

Basic earnings (loss) per common share:
Earnings (loss) from continuing operations	$	0.06	$	0.28	$	(0.29)	$	0.31
Earnings from discontinued operations, net	—		—		0.04		—
Net earnings (loss)	$	0.06	$	0.28	$	(0.25)	$	0.31

Weighted-average shares outstanding	91,688,765		91,398,539		91,707,702		90,988,468

Diluted earnings (loss) per common share:
Earnings (loss) from continuing operations	$	0.06	$	0.27	$	(0.29)	$	0.31
Earnings from discontinued operations, net	—		—		0.04		—
Net earnings (loss)	$	0.06	$	0.27	$	(0.25)	$	0.31

Diluted weighted-average shares outstanding	92,473,318		93,859,446		91,707,702		92,655,874

As the Company intends to settle the principal amount of the Notes in cash, the treasury stock method was used to calculate any potential dilutive effect of the conversion option on diluted earnings per share, if applicable. For the three and nine months ended September 30, 2020, the weighted-average number of anti-dilutive potential common shares excluded from the diluted earnings per share calculation above was 4,559,131 and 5,102,219, respectively. For the three and nine months ended September 30, 2019, the weighted-average number of anti-dilutive potential common shares excluded from the diluted earnings per share calculation above was 2,064,121 and 4,118,639, respectively.