Earnings (Loss) Per Share of Common Stock

9 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Earnings (Loss) Per Share of Common Stock

15.Earnings (Loss) Per Share of Common Stock

Basic earnings (loss) per share is computed by dividing net income (loss) attributable to common shares by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, increased to include the number of shares of common stock that would have been outstanding had potential dilutive shares of common stock been issued. Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings (loss) per share calculation for the periods indicated:

	Three Months Ended June 30,					Nine Months Ended June 30,
	2020			2019		2020			2019
Numerator:
Net (loss) income available to common stockholders	$	(2.4	)	$	31.7	$	(35.5	)	$	19.3
Denominator:
Weighted average number of common shares outstanding – basic		103,793,000			102,828,000		103,583,000			102,705,000
Basic (loss) earnings per share	$	(0.02	)	$	0.31	$	(0.34	)	$	0.19
Weighted average number of common shares outstanding – diluted		103,793,000			102,999,000		103,583,000			103,300,000
Diluted (loss) earnings per share	$	(0.02	)	$	0.31	$	(0.34	)	$	0.19
Other Information:
Weighted average number of anti-dilutive options and restricted    stock		8,760,000			6,356,000		8,285,000			6,406,000