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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Basic and diluted earnings (loss) per share
The following table shows the basic and diluted earnings (loss) per share:
For the three months ended September 30,
2020
2019
Net Income (Loss)
Shares (in millions)
Per ShareNet Income (Loss)
Shares (in millions)
Per Share
Net income (loss)
$(58.2)$(20.7)
Amount allocated to common stockholders
100.0 %100.0 %
Basic and diluted EPS(1)
$(58.2)89.5 $(0.65)$(20.7)88.9 $(0.23)

For the nine months ended September 30,
2020
2019
Net Income (Loss)
Shares (in millions)
Per ShareNet Income (Loss)
Shares (in millions)
Per Share
Net income (loss)
$(87.8)$(76.0)
Amount allocated to common stockholders
100.0 %100.0 %
Basic and diluted EPS(1)
$(87.8)89.4 $(0.98)$(76.0)88.6 $(0.86)
(1) In periods when we report a net loss, all share-based compensation awards are excluded from the calculation of diluted weighted average shares outstanding because of their anti-dilutive effect on earnings (loss) per share.
Securities excluded from the calculation of diluted EPS
Three months ended September 30,
Nine months ended September 30,
Securities excluded from the calculation of diluted EPS (in millions)(1):
2020
2019
2020
2019
Share-based compensation1.7 0.7 1.2 0.6 
(1) In periods when we report a net loss, all share-based compensation awards are excluded from the calculation of diluted weighted average shares outstanding because of their anti-dilutive effect on earnings (loss) per share.