Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of Common Stock

v3.20.4
Earnings Per Share of Common Stock
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Of Common Stock EARNINGS PER SHARE OF COMMON STOCK
The table below shows a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated.
Year Ended December 31,
2020 2019 2018
(Loss) from continuing operations $ (63.6) $ (68.9) $ (19.1)
Earnings (loss) from discontinued operations, net of tax   10.4  (143.9)
Net (loss) $ (63.6) $ (58.5) $ (163.0)
Weighted average number of common shares outstanding 21,583,041  23,597,877  25,780,214 
Weighted average number of vested shares not yet issued 345,513  518,460  188,195 
Weighted average number of common shares outstanding - Basic 21,928,554  24,116,337  25,968,409 
Dilutive stock-based compensation awards outstanding   —  — 
Weighted average number of common shares outstanding - Diluted 21,928,554  24,116,337  25,968,409 
(Loss) per share of common stock from continuing operations:
Basic (loss) per share of common stock from continuing operations $ (2.90) $ (2.85) $ (0.73)
Diluted (loss) per share of common stock from continuing operations $ (2.90) $ (2.85) $ (0.73)
The diluted loss per share was calculated using basic common shares outstanding, as inclusion of potentially dilutive common shares would be anti-dilutive for those calculations.

Performance-based employee compensation awards are considered potentially dilutive in the periods in which the performance conditions are met.

The following awards were excluded from the computation of diluted (loss) earnings per share:
Year Ended December 31,
2020 2019 2018
Potentially dilutive common shares excluded from diluted computation as inclusion would be anti-dilutive 982,133  611,399 474,910 
Performance-based awards excluded from diluted computation, as performance conditions not met 142,817  343,505 862,256