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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Calculation of EPS
The following table sets forth the calculation of EPS for the three months ended March 31, 2020 and 2019 (in millions, except share data):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Weighted average basic common shares outstanding
 
17,763,451

 
17,797,318

Dilutive effect of stock-based awards and employee stock purchases
 
44,810

 
52,016

Weighted average dilutive common shares
 
17,808,261

 
17,849,334

Basic:
 
 
 
 
Net income (loss)
 
$
29.8

 
$
38.6

Less: Earnings (loss) allocated to participating securities
 
1.1

 
1.5

Net income (loss) available to basic common shares
 
$
28.7

 
$
37.2

Basic earnings (loss) per common share
 
$
1.62

 
$
2.09

Diluted:
 
 
 
 
Net income (loss)
 
$
29.8

 
$
38.6

Less: Earnings (loss) allocated to participating securities
 
1.1

 
1.5

Net income (loss) available to diluted common shares
 
$
28.7

 
$
37.2

Diluted earnings (loss) per common share
 
$
1.61

 
$
2.08