BASIC AND DILUTED (LOSS) EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2012

Components of Basic and Diluted Earnings Per Share

The components of basic and diluted (loss) earnings per share for the three and nine months ended September 30, 2012 and 2011 are as follows:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2012			2011		2012		2011
Numerator:
(Loss) Income from continuing operations	$	(15.0	)	$	0.1	$	4.2	$	16.4
Income from discontinued operations		—			—		0.4		0.6
Net income	$	(15.0	)	$	0.1	$	4.6	$	17.0
Denominator:
Weighted average common shares outstanding – Basic		52,356,641			52,182,848		52,345,895		52,170,839
Effect of dilutive restricted stock		—			163,009		11,016		148,815
Weighted average common shares outstanding – Diluted		52,356,641			52,345,857		52,356,911		52,319,654
Basic (loss) earnings per share:
Continuing operations	$	(0.29	)	$	—	$	0.08	$	0.31
Discontinued operations		—			—		0.01		0.01
Net (loss) income	$	(0.29	)	$	—	$	0.09	$	0.32
Diluted (loss) earnings per share:
Continuing operations	$	(0.29	)	$	—	$	0.08	$	0.31
Discontinued operations		—			—		0.01		0.01
Net (loss) income	$	(0.29	)	$	—	$	0.09	$	0.32