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Earnings (Loss) Per Common Share (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Earnings Per Share [Abstract]    
Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the Company’s basic and diluted earnings (loss) per common share is as follows (in millions, except earnings (loss) per share):

 

     Three Months Ended March 31,  

(In millions, except per share data)

            2015                        2014           

Net income (loss) to common shareholders

   $ 45.1       $ (4.3

Basic weighted average shares outstanding

     229.8         229.1   

Diluted weighted average shares outstanding

     237.0         229.1   

Earnings per Common Share:

     

Basic net income (loss) per share

   $ 0.20       $ (0.02

Diluted net income (loss) per share

   $ 0.19       $ (0.02

A reconciliation of the Company’s basic and diluted earnings per common share is as follows (in millions, except earnings per share):

 

     Successor  
     Year Ended
December 31,
     Period from
August 24, 2012
through
December 31,
2012
 
(In millions, except per share data)    2014      2013      2012  

Net income (loss) attributable to Axalta

   $ 27.4       $ (224.9    $ (29.0

Pre-Acquisition net loss attributable to Axalta

     —           (3.9      (29.0
  

 

 

    

 

 

    

 

 

 

Net income (loss) to common shareholders(1)

$ 27.4    $ (221.0 $ —     

Basic and diluted weighted average shares outstanding(1)

  229.3      228.3      —     

Diluted weighted average shares outstanding

  230.3      228.3      —     

Earnings per Common Share:

Basic net income (loss) per share

$ 0.12    $ (0.97 $ —     

Diluted net income (loss) per share

$ 0.12    $ (0.97 $ —     

 

  (1) As of February 1, 2013, the date of the Acquisition, the Company received the initial Equity Contribution of $1,350.0 million. Accordingly, the net loss to common shareholders and the weighted average shares outstanding calculation is based on the period from February 1, 2013 to December 31, 2013.