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BASIC AND DILUTED EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share, Basic and Diluted [Abstract]  
Components of Basic and Diluted Earnings Per Share
The components of basic and diluted (loss) earnings per common share for the three months ended March 31, 2017 and 2016 were as follows:
 
Three Months Ended March 31,
 
2017
 
2016
Numerator:
 
 
 
(Loss) income from continuing operations, net of taxes
$
(37.7
)
 
$
10.6

Income from discontinued operations, net of taxes
0.3

 
0.4

Net (loss) income
$
(37.4
)
 
$
11.0

Denominator:
 
 
 
Weighted average common shares outstanding – Basic
52,529,826

 
52,482,413

Effect of dilutive restricted stock

 
167,350

Weighted average common shares outstanding – Diluted
52,529,826

 
52,649,763

Basic (loss) earnings per common share:
 
 
 
Continuing operations
$
(0.72
)
 
$
0.20

Discontinued operations
0.01

 
0.01

Net (loss) income
$
(0.71
)
 
$
0.21

Diluted (loss) earnings per common share:
 
 
 
Continuing operations
$
(0.72
)
 
$
0.20

Discontinued operations
0.01

 
0.01

Net (loss) income
$
(0.71
)
 
$
0.21

 
 
 
 
Unvested restricted stock awards under the Stock Plan (a)
111,136

 


(a) These are outstanding common stock equivalents that were not included in the computation of diluted EPS because their inclusion would have had an anti-dilutive effect.