BASIC AND DILUTED EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share, Basic and Diluted [Abstract]

Components of Basic and Diluted Earnings Per Share

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.