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Earnings (Losses) Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings (Losses) Per Share

The computation of basic and diluted earnings (losses) per share is as follows:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

(in millions, except per share amounts)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to the Company

 

$

(1.7

)

 

$

2.0

 

 

$

182.7

 

 

$

208.7

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares

 

 

104.2

 

 

 

105.3

 

 

 

104.4

 

 

 

107.8

 

Effect of dilutive restricted stock units (“RSUs”)

 

 

 

 

 

0.2

 

 

 

0.3

 

 

 

0.3

 

Diluted weighted-average shares

 

 

104.2

 

 

 

105.5

 

 

 

104.7

 

 

 

108.1

 

Net (loss) income per share attributable to the Company’s
   stockholders (1)

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.02

)

 

$

0.02

 

 

$

1.75

 

 

$

1.94

 

Diluted

 

$

(0.02

)

 

$

0.02

 

 

$

1.75

 

 

$

1.93

 

 

 

 

(1)
Net income (loss) per share may not recalculate due to rounding.