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BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share, Basic and Diluted [Abstract]  
Components of Basic and Diluted Earnings Per Share
The components of basic and diluted earnings (loss) per common share for the three and six months ended June 30, 2014 and 2013 are as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Income from continuing operations, net of taxes
$
14.4

 
$
27.1

 
$
23.1

 
$
22.6

Income (loss) from discontinued operations, net of taxes

3.7

 
(2.4
)
 
0.5

 
(4.8
)
Net income
$
18.1

 
$
24.7

 
$
23.6

 
$
17.8

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – Basic
52,356,798

 
52,356,798

 
52,356,798

 
52,356,798

Effect of dilutive restricted stock
29,583

 

 
20,416

 

Weighted average common shares outstanding – Diluted
52,386,381

 
52,356,798

 
52,377,214

 
52,356,798

Basic earnings (loss) per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.27

 
$
0.52

 
$
0.44

 
$
0.43

Discontinued operations
0.07

 
(0.05
)
 
0.01

 
(0.09
)
Net income
$
0.34

 
$
0.47

 
$
0.45

 
$
0.34

Diluted earnings (loss) per common share:
 
 
 
 
 
 


Continuing operations
$
0.27

 
$
0.52

 
$
0.44

 
$
0.43

Discontinued operations
0.07

 
(0.05
)
 
0.01

 
(0.09
)
Net income
$
0.34

 
$
0.47

 
$
0.45

 
$
0.34