XML 52 R38.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Net (Loss) Income Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Earnings Per Share [Abstract] |
Calculation of basic and diluted earnings per share | Basic and diluted net (loss) income per share for 2015, 2014 and 2013 were calculated as follows (in millions of dollars, except share and per share amounts):
|  | Year Ended December 31,
|  | 2015 |  | 2014 |  | 2013
Numerator: |  |  |  |  |  |  |
Net (loss) income |  | $ | (236.6 | ) |  | $ | 71.8 |  |  | $ | 104.8 |
Denominator – Weighted-average common shares outstanding (in thousands): |  |  |  |  |  |
Basic 1 |  | 17,201 |  |  | 17,818 |  |  | 18,827 |
Add: dilutive effect of non-vested common shares, restricted stock units and performance shares |  | — |  |  | 179 |  |  | 178 |
Add: dilutive effect of warrants |  | — |  |  | 596 |  |  | 241 |
Diluted 2 |  | 17,201 |  |  | 18,593 |  |  | 19,246 |
Net (loss) income per common share, Basic: |  | $ | (13.76 | ) |  | $ | 4.02 |  |  | $ | 5.56 |
Net (loss) income per common share, Diluted: |  | $ | (13.76 | ) |  | $ | 3.86 |  |  | $ | 5.44 |
_____________
1. | The basic weighted-average number of common shares outstanding during the periods presented excludes non-vested common shares, restricted stock units and performance shares.
2. | The diluted weighted-average number of common shares outstanding during the periods presented was calculated using the treasury method.
Schedule of securities excluded from weighted-average diluted shares | The following securities were excluded from the weighted-average diluted shares computation for 2015, 2014 and 2013 as their inclusion would have been anti-dilutive (in thousands of shares):
|  | Year Ended December 31,
|  | 2015 |  | 2014 |  | 2013
Options to purchase common shares |  | — |  |  | 17 |  |  | 21 |
Non-vested common shares, restricted stock units and performance shares |  | 302 |  |  | — |  |  | — |
Warrants |  | 639 |  |  | — |  |  | — |
Total excluded |  | 941 |  |  | 17 |  |  | 21 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration