NOTE 19 - EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted earnings per share:
|
|
|
|
|
|
|
|
|
Ìý |
(In Millions, Except Per Share Amounts) |
Ìý |
Three Months Ended March 31, |
Ìý |
2019 |
Ìý |
2018 |
Loss from continuing operations |
$ |
(22.1 |
) |
Ìý |
$ |
(13.4 |
) |
Loss from discontinued operations, net of tax |
— |
|
Ìý |
(70.9 |
) |
Net loss |
$ |
(22.1 |
) |
Ìý |
$ |
(84.3 |
) |
Weighted average number of shares: |
Ìý |
Ìý |
Ìý |
Basic |
289.5 |
|
Ìý |
297.3 |
|
$316.25 million 1.50% 2025 Convertible Senior Notes |
— |
|
Ìý |
— |
|
Employee stock plans |
— |
|
Ìý |
— |
|
Diluted |
289.5 |
|
Ìý |
297.3 |
|
Loss per common share - basic: |
Ìý |
Ìý |
Ìý |
Continuing operations |
$ |
(0.08 |
) |
Ìý |
$ |
(0.05 |
) |
Discontinued operations |
— |
|
Ìý |
(0.24 |
) |
Ìý |
$ |
(0.08 |
) |
Ìý |
$ |
(0.29 |
) |
Loss per common share - diluted: |
Ìý |
Ìý |
Ìý |
Continuing operations |
$ |
(0.08 |
) |
Ìý |
$ |
(0.05 |
) |
Discontinued operations |
— |
|
Ìý |
(0.24 |
) |
Ìý |
$ |
(0.08 |
) |
Ìý |
$ |
(0.29 |
) |
The following table summarizes the shares that have been excluded from the diluted earnings per share calculation as they were anti-dilutive:
|
|
|
|
|
|
|
Ìý |
(In Millions) |
Ìý |
Three Months Ended March 31, |
Ìý |
2019 |
Ìý |
2018 |
$316.25 million 1.50% 2025 Convertible Senior Notes |
7.3 |
|
Ìý |
— |
|
Employee stock plans |
4.2 |
|
Ìý |
3.8 |
|
Total number of anti-dilutive shares |
11.5 |
|
Ìý |
3.8 |
|
|