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Net Income Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Net Income Per Share
The weighted average number of common and common equivalent shares and the calculation of basic and diluted income per common share are as follows:
 Year Ended December 31,
202220212020
Numerator (in millions):
Net income$52.2 $175.0 $54.4 
Warrant modification1.5 — — 
Preferred stock dividends - undeclared and cumulative— 2.1 6.7 
Distributed earnings allocable to retired preferred shares— 37.6 41.9 
Net income allocable to common stockholders$50.7 $135.3 $5.8 
Denominator (in thousands):
Average common shares outstanding - basic14,601 13,493 9,825 
Potentially dilutive shares related to stock options and restricted stock units (a)
387 386 298 
Average common shares outstanding - diluted14,988 13,879 10,123 
Net income per common share (in dollars):
Basic$3.47 $10.03 $0.59 
Diluted$3.38 $9.75 $0.57 
There are no common stock equivalents excluded from the diluted calculation as a result of a net loss in the period or options outstanding and considered anti-dilutive as their exercise price exceeded the average share market