XML 51 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2014 and 2013 are as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Income from continuing operations, net of taxes
$
14.2

 
$
11.0

 
$
37.3

 
$
33.6

Income (loss) from discontinued operations, net of taxes
0.4

 
(1.5
)
 
0.9

 
(6.3
)
Net income
$
14.6

 
$
9.5

 
$
38.2

 
$
27.3

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

 
52,356,798

 
52,356,798

 
52,356,798

Effect of dilutive restricted stock
58,165

 
—

 
33,137

 
—

Weighted average common shares outstanding – Diluted
52,414,963

 
52,356,798

 
52,389,935

 
52,356,798

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

 
$
0.21

 
$
0.71

 
$
0.64

Discontinued operations
0.01

 
(0.03
)
 
0.02

 
(0.12
)
Net income
$
0.28

 
$
0.18

 
$
0.73

 
$
0.52

Diluted earnings (loss) per common share:
 
 
 
 
 
 


Continuing operations
$
0.27

 
$
0.21

 
$
0.71

 
$
0.64

Discontinued operations
0.01

 
(0.03
)
 
0.02

 
(0.12
)
Net income
$
0.28

 
$
0.18

 
$
0.73

 
$
0.52