Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of calculation of pro forma basic and diluted earnings per share

The calculation of basic and diluted earnings per share of common stock is as follows (dollars in millions, except per share data):



	Three Months Ended March 31,
	2020		2019
Numerator:
Net income attributable to controlling interests	$	32.6	$	52.7
Less: Total income available to participating unvested securities⁽¹⁾	—		(0.1		)
Total net income attributable to common stock	$	32.6	$	52.6
Denominator:
Weighted-average shares of common stock outstanding—basic	85,081,166		97,645,020
Potential shares of common stock:
Restricted stock units	17,893		199,563
Weighted-average shares of common stock outstanding—diluted	85,099,059		97,844,583
Earnings per share of common stock attributable to controlling interests:
Basic	$	0.38	$	0.54
Diluted	$	0.38	$	0.54

(1)

Income available to participating unvested securities includes dividends paid on unvested restricted shares and their proportionate share of undistributed earnings.