Numerator

Net income from continuing operations

$

13

$

30

$

21

$

50

Less: Dividends on Series A Preferred Stock

-

6

—

12

Net income from continuing operations attributable to common stockholders used in earnings per share

13

24

21

38

Income (loss) from discontinued operations, net of tax

-

(30

)

(1

)

Net income (loss) attributable to common stockholders

$

13

$

24

$

(9

)

$

37

Denominator

Average basic shares outstanding

85.5

85.2

85.6

84.9

Effect of dilutive securities

1.1

1.2

—

1.3

Average diluted shares outstanding

86.6

86.4

85.6

86.2

Basic earnings (loss) per common share:

Income from continued operations

$

0.15

$

0.28

$

0.24

$

0.45

Income (loss) from discontinued operations

-

(0.35

)

(0.01

)

Basic earnings (loss) per common share

$

0.15

$

0.28

$

(0.11

)

$

0.44

Diluted earnings (loss) per common share:

Income from continued operations

$

0.15

$

0.28

$

0.24

$

0.44

Income (loss) from discontinued operations

-

(0.35

)

(0.01

)

Diluted earnings (loss) per common share

$

0.15

$

0.28

$

(0.11

)

$

0.43