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EARNINGS PER SHARE | 9 Months Ended
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Sep. 30, 2020
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE
(in millions, except per share data) | Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Income (loss) from continuing operations | $ | 22.0 |  |  | $ | 52.4 |  |  | $ | (5.9) |  |  | $ | 191.2 |
Income (loss) from discontinued operations – net of tax | (0.1) |  |  | (10.1) |  |  | (1.3) |  |  | (151.8) |
Gain (loss) on disposition of discontinued operations – net of tax | (16.1) |  |  | (20.9) |  |  | (21.1) |  |  | (9.5) |
Net income (loss) | $ | 5.8 |  |  | $ | 21.4 |  |  | $ | (28.3) |  |  | $ | 29.9 |
Basic shares: |  |  |  |  |  |  |
Weighted average shares outstanding | 69.3 |  |  | 71.3 |  |  | 69.7 |  |  | 71.0 |
Earnings (loss) per share – basic: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 0.31 |  |  | $ | 0.73 |  |  | $ | (0.09) |  |  | $ | 2.69 |
Income (loss) from discontinued operations – net of tax | — |  |  | (0.14) |  |  | (0.02) |  |  | (2.14) |
Gain (loss) on disposition of discontinued operations – net of tax | (0.23) |  |  | (0.29) |  |  | (0.30) |  |  | (0.13) |
Net income (loss) | $ | 0.08 |  |  | $ | 0.30 |  |  | $ | (0.41) |  |  | $ | 0.42 |
Diluted shares: |  |  |  |  |  |  |
Weighted average shares outstanding – basic | 69.3 |  |  | 71.3 |  |  | 69.7 |  |  | 71.0 |
Effect of dilutive securities: |  |  |  |  |  |  |
Restricted stock awards | 0.2 |  |  | 0.5 |  |  | — |  |  | 0.8 |
Diluted weighted average shares outstanding | 69.5 |  |  | 71.8 |  |  | 69.7 |  |  | 71.8 |
Earnings (loss) per share – diluted: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 0.31 |  |  | $ | 0.73 |  |  | $ | (0.09) |  |  | $ | 2.66 |
Income (loss) from discontinued operations – net of tax | — |  |  | (0.14) |  |  | (0.02) |  |  | (2.11) |
Gain (loss) on disposition of discontinued operations – net of tax | (0.23) |  |  | (0.29) |  |  | (0.30) |  |  | (0.13) |
Net income (loss) | $ | 0.08 |  |  | $ | 0.30 |  |  | $ | (0.41) |  |  | $ | 0.42 |
Non-vested restricted stock awards granted by the Company are treated as potential common shares outstanding in computing diluted earnings per share using the treasury stock method. Weighted average restricted stock awards of approximately 0.9 million and 1.3 million were outstanding during the three months ended September 30, 2020 and 2019, respectively, but were not included in the computation of diluted shares as the effect would be anti-dilutive or performance targets were not expected to be achieved for awards contingent upon performance. Weighted average restricted stock awards of approximately 2.0 million and 1.1 million were outstanding during the nine months ended September 30, 2020 and 2019, respectively, but were not included in the computation of diluted shares as the effect would be anti-dilutive or performance targets were not expected to be achieved for awards contingent upon performance.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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