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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The computation of basic and diluted earnings per share follows.     
 
Three Months Ended
June 30, 2019
 
Three Months Ended
June 30, 2018
 
Income
(Loss)
 
Average
Shares
 
EPS
 
Income
(Loss)
 
Average
Shares
 
EPS
 
(in millions, except per share amounts)
Net income
$
31.8

 
 
 
 
 
$
22.6

 
 
 
 
Unvested restricted share participation
(0.3
)
 
 
 
 
 
—

 
 
 
 
Net income – basic
31.5

 
47.8

 
$
0.66

 
22.6

 
48.8

 
$
0.46

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Nonparticipating unvested restricted shares
—

 
0.5

 
 
 
—

 
—

 
 
Net income – diluted
$
31.5

 
48.3

 
$
0.65

 
$
22.6

 
48.8

 
$
0.46

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
June 30, 2019
 
Six Months Ended
June 30, 2018
 
Income
(Loss)
 
Average
Shares
 
EPS
 
Income
(Loss)
 
Average
Shares
 
EPS
 
(in millions, except per share amounts)
Net income
$
59.5

 
 
 
 
 
$
44.8

 
 
 
 
Unvested restricted share participation
(0.7
)
 
 
 
 
 
—

 
 
 
 
Net income – basic
58.8

 
47.9

 
$
1.23

 
44.8

 
48.8

 
$
0.92

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Nonparticipating unvested restricted shares
—

 
0.5

 
 
 
—

 
—

 
 
Net income – diluted
$
58.8

 
48.4

 
$
1.21

 
$
44.8

 
48.8

 
$
0.92