Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

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

	Three Months Ended September 30,						Nine Months Ended September 30,
(in millions, except per share amounts)	2020			2019			2020			2019
Numerator:
Net loss	$	(8.2	)	$	(13.6	)	$	(50.0	)	$	(46.0	)
Preferred stock dividends		2.6			2.6			7.8			7.8
Net loss applicable to common shareowners - basic and diluted	$	(10.8	)	$	(16.2	)	$	(57.8	)	$	(53.8	)
Denominator:
Weighted average common shares outstanding - basic		50.7			50.4			50.6			50.4
Stock-based compensation arrangements		—			—			—			—
Weighted average common shares outstanding - diluted		50.7			50.4			50.6			50.4
Basic and diluted net loss per common share	$	(0.21	)	$	(0.32	)	$	(1.14	)	$	(1.07	)