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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings (Loss) Per Share [Abstract]  
Computation of Earnings (Loss) per Common Share

Computation of Earnings (Loss) per Common Share

 

                                 
    Three months ended
September 30,
    Nine months ended
September 30,
 
(in millions, except per share data)   2012     2011     2012     2011  

Income from continuing operations

  $ 4.4     $ 3.3     $ 17.2     $ 6.6  

Loss from discontinued operations and disposal, net of tax

    (19.1     (0.9     (49.4     (5.6
   

 

 

   

 

 

   

 

 

   

 

 

 

Net (loss) income

  $ (14.7   $ 2.4     $ (32.2   $ 1.0  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding — basic

    62.4       62.2       62.3       62.2  

Dilutive effect of common stock equivalents

    0.6       —         0.3       —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding — diluted

    63.0       62.2       62.6       62.2  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic and diluted earnings (loss) per share:

                               

Income from continuing operations

  $ 0.07     $ 0.05     $ 0.28     $ 0.11  

Loss from discontinued operations and disposal, net of tax

    (0.31     (0.01     (0.79     (0.09
   

 

 

   

 

 

   

 

 

   

 

 

 

(Loss) earnings per share

  $ (0.24   $ 0.04     $ (0.51   $ 0.02