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BASIC AND DILUTED EARNINGS PER COMMON SHARE
 9 Months Ended
Sep. 30, 2017
Earnings Per Share, Basic and Diluted [Abstract]  
BASIC AND DILUTED EARNINGS PER COMMON SHARE
BASIC AND DILUTED EARNINGS PER COMMON SHARE
Shares used in basic (loss) earnings per share are computed using the weighted average number of common shares outstanding during each period. Shares used in diluted (loss) earnings per share include the dilutive effect of unvested restricted stock under the Company’s Stock Plan using the treasury stock method. For the three and nine months ended September 30, 2017, diluted loss per share equals basic loss per share as the assumed vesting of restricted stock would have an anti-dilutive effect. At September 30, 2017 and 2016, there were no outstanding stock options under the Company's Stock Plan.

Following are the components of basic and diluted (loss) earnings per common share for the three and nine months ended September 30, 2017 and 2016:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
(Loss) income from continuing operations, net of taxes
$
(32.8
)
 
$
(4.5
)
 
$
(107.6
)
 
$
16.9

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

 
(0.2
)
 
1.3

 
(2.3
)
Net (loss) income
$
(32.4
)
 
$
(4.7
)
 
$
(106.3
)
 
$
14.6

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding – Basic
52,615,412

 
52,498,246

 
52,584,954

 
52,498,840

Effect of dilutive restricted stock
—

 
—

 
—

 
118,900

Weighted average common shares outstanding – Diluted
52,615,412

 
52,498,246

 
52,584,954

 
52,617,740

Basic (loss) earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
(0.62
)
 
$
(0.09
)
 
$
(2.04
)
 
$
0.32

Discontinued operations
0.01

 
—

 
0.02

 
(0.04
)
Net (loss) income
$
(0.61
)
 
$
(0.09
)
 
$
(2.02
)
 
$
0.28

Diluted (loss) earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
(0.62
)
 
$
(0.09
)
 
$
(2.04
)
 
$
0.32

Discontinued operations
0.01

 
—

 
0.02

 
(0.04
)
Net (loss) income
$
(0.61
)
 
$
(0.09
)
 
$
(2.02
)
 
$
0.28

 
 
 
 
 
 
 
 
Unvested restricted stock awards under the Stock Plan (a)
19,506

 
—

 
19,486

 
—


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