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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total operating revenues $ 102.6 $ 272.2 $ 275.6 $ 534.5
Operating expenses:        
Cost of restaurant revenue 100.8 231.6 253.9 458.6
Personnel costs 23.3 23.1 52.5 39.2
Depreciation and amortization 7.3 9.9 15.7 20.3
Other operating expenses 16.9 29.0 44.8 48.9
Goodwill impairment 0.0 0.0 7.7 0.0
Total operating expenses 148.3 293.6 374.6 567.0
Operating loss (45.7) (21.4) (99.0) (32.5)
Other income (expense):        
Interest, investment and other income 8.3 1.4 10.5 12.4
Interest expense (1.0) (5.5) (4.8) (9.2)
Realized and other gains and losses, net 578.1 75.1 1,493.2 76.7
Total other income 585.4 71.0 1,498.9 79.9
Earnings before income taxes and equity in losses of unconsolidated affiliates 539.7 49.6 1,399.9 47.4
Income tax expense 131.1 7.1 300.5 1.1
Earnings before equity in earnings (losses) of unconsolidated affiliates 408.6 42.5 1,099.4 46.3
Equity in earnings (losses) of unconsolidated affiliates 57.5 (21.1) 4.8 (42.5)
Earnings from continuing operations 466.1 21.4 1,104.2 3.8
Net losses from discontinued operations, net of tax - see Note L 0.0 (2.5) 0.0 (4.8)
Net earnings (loss) 466.1 18.9 1,104.2 (1.0)
Less: Net loss attributable to non-controlling interests (9.2) (4.5) (18.8) (7.6)
Net earnings attributable to Cannae Holdings, Inc. common shareholders 475.3 23.4 1,123.0 6.6
Amounts attributable to Cannae Holdings, Inc. common shareholders        
Net earnings from continuing operations attributable to Cannae Holdings, Inc. common shareholders 475.3 25.8 1,123.0 11.0
Net loss from discontinued operations attributable to Cannae Holdings, Inc. common shareholders 0.0 (2.4) 0.0 (4.4)
Net earnings attributable to Cannae Holdings, Inc. common shareholders $ 475.3 $ 23.4 $ 1,123.0 $ 6.6
Basic        
Net earnings per share from continuing operations (in usd per share) $ 5.88 $ 0.36 $ 14.06 $ 0.15
Net loss per share from discontinued operations (in usd per share) 0 (0.03) 0 (0.06)
Net earnings per share (in usd per share) 5.88 0.33 14.06 0.09
Diluted        
Net earnings per share from continuing operations (in usd per share) 5.87 0.36 14.00 0.15
Net loss per share from discontinued operations (in usd per share) 0 (0.03) 0 (0.06)
Net earnings per share (in usd per share) $ 5.87 $ 0.33 $ 14.00 $ 0.09
Weighted Average Shares Outstanding        
Weighted average shares outstanding Cannae Holdings common stock, basic basis (in shares) 80.8 71.6 79.9 71.6
Weighted average shares outstanding Cannae Holdings common stock, diluted basis (in shares) 81.0 71.9 80.2 71.8
Restaurant revenue        
Revenues:        
Total operating revenues $ 99.4 $ 266.5 $ 269.3 $ 524.3
Other operating revenue        
Revenues:        
Total operating revenues $ 3.2 $ 5.7 $ 6.3 $ 10.2