Net Income (Loss) Per Common Share Computations

12 Months Ended

Dec. 31, 2022

NET INCOME (LOSS) PER COMMON SHARE COMPUTATIONS

The following is a reconciliation of the numerator and denominator of the net income (loss) per common share computations:


	Years Ended December 31,
(in millions, except per share data)	2022		2021		2020
Numerator for basic net income (loss) per common share:
Net income from continuing operations	$	439.4	$	249.1	$	13.3
Net loss attributable to noncontrolling interest	—		—		(0.2)
Net income from continuing operations, net of loss attributable to noncontrolling interests	439.4		249.1		13.5
Net loss from discontinued operations	—		—		(95.4)
Numerator for basic net income (loss) per common share	$	439.4	$	249.1	$	(81.9)

Numerator for diluted net income from continuing operations per common share	$	439.4	$	249.1	$	13.5

Numerator for diluted net income (loss) per common share	$	439.4	$	249.1	$	(81.9)

Denominator for net income (loss) per common share:
Basic	37.9		38.6		39.6
Plus dilutive effect of stock awards	0.6		0.6		0.5
Diluted	38.5		39.2		40.1

Net income (loss) per common share data:
Basic
Continuing operations	$	11.58	$	6.45	$	0.34
Discontinued operations	—		—		(2.41)
Net income (loss) per common share - basic	$	11.58	$	6.45	$	(2.07)

Diluted
Continuing operations	$	11.42	$	6.35	$	0.33
Discontinued operations (1)	—		—		(2.41)
Net income (loss) per common share - diluted	$	11.42	$	6.35	$	(2.08)

(1) Amounts exclude all potential common equivalent shares for periods when there is a net loss from discontinued operations.