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Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Net Income Per Share
 
Three Months Ended 
 March 31,
 
2020
 
2019
Numerator (in millions):
 
 
 
Net income (loss)
$
11.3

 
$
(20.9
)
Preferred stock dividends - undeclared and cumulative
2.0

 
2.0

Net income (loss) allocable to common stockholders
$
9.3

 
$
(22.9
)
 
 
 
 
Denominator (in thousands):
 
 
 
Average common shares outstanding - basic
9,619

 
9,532

Potentially dilutive shares related to stock options and restricted stock units (a)
220

 

Average common shares outstanding - diluted
9,839

 
9,532

 
 
 
 
Net income (loss) per common share (in dollars):


 


   Basic
$
0.97

 
$
(2.40
)
   Diluted
$
0.95

 
$
(2.40
)
 
 
 
 
(a) Common stock equivalents excluded from the diluted calculation as a result of a net loss in the period (in thousands)

 
41

 
 
 
 
Options outstanding and considered anti-dilutive as their exercise price exceeded the average share market price (in thousands)

 
360