XML 42 R29.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings per share (Tables)
9 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted earnings per share for the quarter and nine months ended June 30, 2019 and 2018:
(in millions, except per share data)
For the Quarter Ended June 30,
 
For the Nine Months Ended June 30,
Basic earnings per share
2019
 
2018
 
2019
 
2018
Net earnings from continuing operations
$
9.2

 
$
23.8

 
$
17.7

 
$
92.0

Mandatory preferred stock dividends
(4.4
)
 

 
(7.7
)
 

Net earnings from continuing operations attributable to common shareholders
4.8


23.8


10.0


92.0

Net loss from discontinued operations, net of tax
(1.8
)
 

 
(12.8
)
 

Net earnings/(loss) attributable to common shareholders
$
3.0


$
23.8


$
(2.8
)

$
92.0

 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
69.6

 
59.7

 
65.5

 
59.9

 
 
 
 
 
 
 
 
Basic net earnings per common share from continuing operations
$
0.07

 
$
0.40

 
$
0.15

 
$
1.54

Basic net loss per common share from discontinued operations
(0.03
)
 

 
(0.19
)
 

Basic net earnings/(loss) per common share
$
0.04

 
$
0.40

 
$
(0.04
)
 
$
1.54

 
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
 
 
Net earnings/(loss) attributable to common shareholders
$
3.0

 
$
23.8

 
$
(2.8
)
 
$
92.0

 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
69.6

 
59.7

 
65.5

 
59.9

Dilutive effect of restricted stock equivalents
0.3

 
0.5

 
0.3

 
0.4

Dilutive effect of performance shares
0.5

 
1.0

 
0.5

 
0.9

Dilutive effect of stock based deferred compensation plan
0.2

 
0.2

 
0.2

 
0.2

Weighted average common shares outstanding - diluted
70.6

 
61.4

 
66.5

 
61.4

 
 
 
 
 
 
 
 
Diluted net earnings per common share from continuing operations
$
0.07

 
$
0.39

 
$
0.15

 
$
1.50

Diluted net loss per common share from discontinued operations
(0.03
)
 

 
(0.19
)
 

Diluted net earnings/(loss) per common share
$
0.04

 
$
0.39

 
$
(0.04
)
 
$
1.50