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Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basis and Diluted Earnings Per Share

The following table shows the computation of basic and diluted EPS:

 

 

 

Three Months Ended

March  31,

 

(in millions, except per share amounts)

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(34.0

)

 

$

(26.9

)

Preferred stock dividends

 

 

2.6

 

 

 

2.6

 

Net loss applicable to common shareowners - basic and diluted

 

$

(36.6

)

 

$

(29.5

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

50.5

 

 

 

50.3

 

Stock-based compensation arrangements

 

 

-

 

 

 

-

 

Weighted average common shares outstanding - diluted

 

 

50.5

 

 

 

50.3

 

Basic and diluted net loss per common share

 

$

(0.72

)

 

$

(0.59

)