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Per Share Information
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Per Share Information
Per Share Information
The following table sets forth the computation of basic and diluted net loss per common share:
(In millions, except per share amounts)
For the Years Ended December 31,
 
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
 
Numerator for basic net loss per common share -
 
 
 
 
 
 
Net loss attributable to ATI
 
$
(91.9
)
 
$
(640.9
)
 
$
(377.9
)
Redeemable noncontrolling interest (Note 17)
 

 

 
(0.3
)
Effect of dilutive securities:
 
 
 
 
 
 
4.75% Convertible Senior Notes due 2022
 

 

 

Numerator for diluted net loss per common share -
 
 
 
 
 
 
Net loss attributable to ATI after assumed conversions
 
$
(91.9
)
 
$
(640.9
)
 
$
(378.2
)
Denominator:
 
 
 
 
 
 
Denominator for basic net loss per common share—weighted average shares
 
110.1

 
107.3

 
107.3

Effect of dilutive securities:
 
 
 
 
 
 
Share-based compensation
 

 

 

4.75% Convertible Senior Notes due 2022
 

 

 

Denominator for diluted net loss per common share—adjusted weighted average shares and assumed conversions
 
110.1

 
107.3

 
107.3

Basic net loss attributable to ATI per common share
 
$
(0.83
)
 
$
(5.97
)
 
$
(3.53
)
Diluted net loss attributable to ATI per common share
 
$
(0.83
)
 
$
(5.97
)
 
$
(3.53
)

Common stock that would be issuable upon the assumed conversion of the 2022 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 would have been anti-dilutive. Excluded shares were 20.8 million for 2017, 13.1 million for 2016 and 0.8 million for 2015.