XML 74 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Per Share Information
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Per Share Information
Per Share Information
The following table sets forth the computation of basic and diluted income from continuing operations per common share: 
 
Three Months Ended
(in millions, except per share amounts):
March 31,
2014
 
2013
Numerator for basic income (loss) from continuing operations per common share –
 
 
 
Income (loss) from continuing operations attributable to ATI
$
(18.1
)
 
$
9.7

Effect of dilutive securities:
 
 
 
4.25% Convertible Notes due 2014

 

Numerator for diluted income (loss) from continuing operations per common share –
 
 
 
Income (loss) from continuing operations available to ATI after assumed conversions
$
(18.1
)
 
$
9.7

Denominator for basic net income per common share-weighted average shares
107.0

 
106.6

Effect of dilutive securities:
 
 
 
Share-based compensation

 
0.5

4.25% Convertible Notes due 2014

 

Denominator for diluted net income per common share – adjusted weighted average shares assuming conversions
107.0

 
107.1

Basic income (loss) from continuing operations attributable to ATI per common share
$
(0.17
)
 
$
0.09

Diluted income (loss) from continuing operations attributable to ATI per common share
$
(0.17
)
 
$
0.09


Common stock that would be issuable upon the assumed conversion of the 2014 Convertible Notes and other option equivalents and contingently issuable shares are excluded from the computation of contingently issuable shares, and therefore, from the denominator for diluted earnings per share, if the effect of inclusion is anti-dilutive. There were 10.0 million and 9.6 million anti-dilutive shares for the three month periods ended March 31, 2014 and 2013, respectively.