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Earnings (Loss) Per Share (Tables)
 12 Months Ended
Dec. 31, 2012
Computation of Earnings (Loss) Per Common Share

The following is a reconciliation of net income (loss) to basic and diluted EPS at December 31 ($ in millions, except per share amounts):

 

     2012     2011     2010  

Income (loss) income from continuing operations

    $ 22.0      $ 13.1      $ (74.1 ) 

Loss from discontinued operations and disposal, net of tax

      (49.5 )      (27.3 )      (101.6 ) 
  

 

 

    

 

 

    

 

 

  

Net loss

    $ (27.5 )    $ (14.2 )    $ (175.7 ) 
  

 

 

    

 

 

    

 

 

  

Weighted average shares outstanding — basic

      62.3        62.2        57.6   

Dilutive effect of common stock equivalents

      0.4        -       -  
  

 

 

    

 

 

    

 

 

  

Weighted average shares outstanding — diluted

      62.7        62.2        57.6   
  

 

 

    

 

 

    

 

 

  

Basic and diluted earnings (loss) per share:

       

Income from continuing operations

    $ 0.35      $ 0.21      $ (1.29 ) 

Loss from discontinued operations and disposal, net of tax

    $ (0.79 )    $ (0.44 )    $ (1.76 ) 
  

 

 

    

 

 

    

 

 

  

Loss per share

    $ (0.44 )    $ (0.23 )    $ (3.05 )