Annual report pursuant to Section 13 and 15(d)

Earnings per Share of Common Stock (Tables)

v2.4.1.9
Earnings per Share of Common Stock (Tables)
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share

The computation of basic and diluted earnings per common share is as follows (in millions, except share and per share data):

 

     Year ended December 31,  

Numerator:

    2014      2013  

Net income (loss) attributable to controlling shareholders and participating securities

    $ 9.6       $ (10.5 ) 

Less: Dividends paid on participating securities

      (0.8 )       (0.3 ) 

Undistributed earnings attributable to participating securities

      —           —     
  

 

 

     

 

 

  

Net income (loss) attributable to controlling shareholders

 $ 8.8    $ (10.8 ) 
  

 

 

     

 

 

  

 

Denominator:

              

Weighted-average number of common shares—basic

      20,656,826         15,716,250   
  

 

 

     

 

 

  

Weighted-average number of common shares—diluted

   20,656,826      15,716,250   
  

 

 

     

 

 

  

Basic earnings per common share

 $ 0.43    $ (0.68 ) 
  

 

 

     

 

 

  

Diluted earnings per common share

 $ 0.43    $ (0.68 )