EARNINGS PER COMMON SHARE

3 Months Ended

Dec. 31, 2022

The following table sets forth a reconciliation of the weighted average number of shares outstanding (in millions) used to calculate basic and diluted income per Common Share:


	Three Months Ended
	December 31, 2022		January 1, 2022



Net loss	$	(64.7)	$	(50.0)


Basic net loss per common share:
Weighted-average common shares outstanding during the period	55.5		55.4
Basic net loss per common share:	$	(1.17)	$	(0.90)



Diluted net loss per common share:
Weighted-average common shares outstanding during the period	55.5		55.4
Dilutive potential common shares	—		—
Weighted-average common shares outstanding during the period plus dilutive potential common shares	55.5		55.4
Diluted net loss per common share:	$	(1.17)	$	(0.90)




Antidilutive stock options outstanding	0.9		0.2

Diluted average common shares used in the diluted loss per common share calculation for the three months ended December 31, 2022 and January 1, 2022 were 55.5 million and 55.4 million, respectively, which excluded potential Common Shares of 0.2 million and 1.3 million, respectively, because the effect of their inclusion would be anti-dilutive as the Company incurred a net loss for the three months ended December 31, 2022 and January 1, 2022.