Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.19.1
EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
EPS AND OTHER NON-GAAP FINANCIAL MEASURES
NOTE 19 - EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted earnings per share:
 
(In Millions, Except Per Share Amounts)
 
Three Months Ended
March 31,
 
2019
 
2018
Loss from continuing operations
$
(22.1
)
 
$
(13.4
)
Loss from discontinued operations, net of tax
—

 
(70.9
)
Net loss
$
(22.1
)
 
$
(84.3
)
Weighted average number of shares:
 
 
 
Basic
289.5

 
297.3

$316.25 million 1.50% 2025 Convertible Senior Notes
—

 
—

Employee stock plans
—

 
—

Diluted
289.5

 
297.3

Loss per common share - basic:
 
 
 
Continuing operations
$
(0.08
)
 
$
(0.05
)
Discontinued operations
—

 
(0.24
)
 
$
(0.08
)
 
$
(0.29
)
Loss per common share - diluted:
 
 
 
Continuing operations
$
(0.08
)
 
$
(0.05
)
Discontinued operations
—

 
(0.24
)
 
$
(0.08
)
 
$
(0.29
)

The following table summarizes the shares that have been excluded from the diluted earnings per share calculation as they were anti-dilutive:
 
(In Millions)
 
Three Months Ended
March 31,
 
2019
 
2018
$316.25 million 1.50% 2025 Convertible Senior Notes
7.3

 
—

Employee stock plans
4.2

 
3.8

Total number of anti-dilutive shares
11.5

 
3.8