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Per Share Information
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Per Share Information
Per Share Information
The following table sets forth the computation of basic and diluted income (loss) from continuing operations per common share:
(In millions, except per share amounts)
For the Years Ended December 31,
 
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
 
Numerator for basic income (loss) from continuing operations per common share -
 
 
 
 
 
 
Income (loss) from continuing operations attributable to ATI
 
$
(2.0
)
 
$
(98.8
)
 
$
150.5

Redeemable noncontrolling interest (Note 17)
 
(0.3
)
 
—

 
—

Effect of dilutive securities:
 
 
 
 
 
 
4.25% Convertible Senior Notes due 2014
 
—

 
—

 
8.5

Numerator for diluted net income (loss) per common share -
 
 
 
 
 
 
Income (loss) from continuing operations attributable to ATI after assumed conversions
 
$
(2.3
)
 
$
(98.8
)
 
$
159.0

Denominator:
 
 
 
 
 
 
Denominator for basic net income per common share—weighted average shares
 
107.1

 
106.8

 
106.1

Effect of dilutive securities:
 
 
 
 
 
 
Share-based compensation
 
—

 
—

 
0.9

4.25% Convertible Senior Notes due 2014
 
—

 
—

 
9.6

Denominator for diluted net income per common share—adjusted weighted average shares and assumed conversions
 
107.1

 
106.8

 
116.6

Basic income (loss) from continuing operations attributable to ATI per common share
 
$
(0.02
)
 
$
(0.93
)
 
$
1.42

Diluted income (loss) from continuing operations attributable to ATI per common share
 
$
(0.02
)
 
$
(0.93
)
 
$
1.36


Common stock that would be issuable upon the assumed conversion of the 2014 Convertible Notes (prior to maturity on June 2, 2014) 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 would have been anti-dilutive. Excluded shares were 4.7 million for 2014, and 10.0 million for 2013. There were no anti-dilutive shares for 2012.