Earnings Per Share

12 Months Ended

Dec. 31, 2021

NOTE 28. EARNINGS PER SHARE

The following table is a reconciliation of earnings (loss) to earnings (loss) attributable to common shares used in our basic and diluted Earnings (Loss) Per Share (“EPS”) calculations for the years ended December 31, 2021, 2020 and 2019. EPS components may not add due to rounding.




	2021			2020			2019
Earnings (loss) from continuing operations	$	185.3		$	(84.1	)	$	242.3
(Earnings) allocated to participating vested share awards		(0.3	)		(0.1	)		(0.5	)
Earnings (loss) from continuing operations attributable to common shares	$	185.0		$	(84.2	)	$	241.8

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the years ended December 31, 2021, 2020 and 2019 (shares in millions):




	2021		2020		2019
Basic shares outstanding		47.6		47.9		48.7
Dilutive effect of common stock equivalents		0.3		-		0.8
Diluted shares outstanding		47.9		47.9		49.5

Anti-dilutive stock awards excluded from the computation of dilutive EPS for 2021, 2020 and 2019 were 8,548, 313,003 and 7,580, respectively. Due to the net loss for the year ended December 31, 2020, all common stock equivalents were considered anti-dilutive.