XML 38 R21.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Earnings Per Share ("EPS") | 12 Months Ended
--- | ---
Dec. 31, 2017
Earnings Per Share [Abstract] |
Earnings Per Share (“EPS”) | Earnings Per Share (“EPS”) Basic EPS is calculated by dividing net income by the weighted average number of common shares outstanding during each period. Diluted earnings per share is calculated by dividing net income by the number of common shares outstanding and the effect of all dilutive common stock equivalents outstanding during each period, as determined using the treasury stock method. The calculation of basic and diluted EPS for each of the three years ended December 31, 2017, 2016 and 2015 is set forth in the following table (in millions, except per share amounts):
| Year Ended December 31,
| 2017 |  | 2016 |  | 2015
Net loss from continuing operations | $ | (32.1 | ) |  | $ | (83.3 | ) |  | $ | (101.2 | )
Net income (loss) from discontinued operations | 111.4 |  |  | 123.1 |  |  | (325.1 | )
Net income (loss) | $ | 79.3 |  |  | $ | 39.8 |  |  | $ | (426.3 | )
Weighted Average Shares Outstanding: |  |  |  |  |
Basic weighted average shares outstanding | 46.8 |  |  | 46.6 |  |  | 46.6 |
Dilutive effect of stock options and restricted share unit awards | — |  |  | — |  |  | — |
Diluted weighted average shares outstanding | 46.8 |  |  | 46.6 |  |  | 46.6 |
Earnings (Loss) Per Share: |  |  |  |  |
Basic: |  |  |  |  |
Continuing Operations | $ | (0.69 | ) |  | $ | (1.79 | ) |  | $ | (2.17 | )
Discontinued Operations | 2.38 |  |  | 2.64 |  |  | (6.98 | )
Basic Earnings (Loss) Per Share | $ | 1.69 |  |  | $ | 0.85 |  |  | $ | (9.15 | )
Diluted: |  |  |  |  |
Continuing operations | $ | (0.69 | ) |  | $ | (1.79 | ) |  | $ | (2.17 | )
Discontinued operations | 2.38 |  |  | 2.64 |  |  | (6.98 | )
Diluted Earnings (Loss) Per Share | $ | 1.69 |  |  | $ | 0.85 |  |  | $ | (9.15 | )
Restricted share units (“RSUs”) contain provisions allowing for the equivalent of any dividends paid on common stock during the restricted period to be reinvested into additional RSUs at the then fair market value of the common stock on the date dividends are paid. Such awards are to be included in the EPS calculation under the two-class method. Currently we do not anticipate any cash dividends for the foreseeable future and our outstanding RSU awards are not material in comparison to our weighted average shares outstanding. Accordingly, all EPS amounts reflect shares as if they were fully vested and the disclosures associated with the two-class method are not presented herein. For the year ended December 31, 2017, 1 million of potentially dilutive stock options and restricted share unit awards were excluded from the computation of earnings per share as their effect would have been anti-dilutive.

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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration