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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of basic and diluted earnings (loss) per share and securities excluded from the calculation of diluted EPS
The following table shows the basic and diluted (loss) earnings per share:
For the three months ended June 30,
20242023
Net Income (Loss)
Shares
(in millions)
$ Per ShareNet Income (Loss)
Shares
(in millions)
$ Per Share
Net income (loss) attributable to Century stockholders$(2.5)$7.5 
Less: net income allocated to participating securities— 0.4 
Basic EPS:
Net income (loss) allocated to common stockholders$(2.5)92.7 $(0.03)$7.1 92.3 $0.08 
Effect of Dilutive Securities(1):
Share-based compensation— — (0.2)0.9 
Convertible senior notes— — — — 
Diluted EPS:
Net income (loss) allocated to common stockholders$(2.5)92.7 $(0.03)$6.9 93.2 $0.07 
For the six months ended June 30,
2024
2023
Net Income (Loss)
Shares
(in millions)
Per ShareNet Income (Loss)
Shares
(in millions)
Per Share
Net (loss) income attributable to Century stockholders$244.3 $(31.1)
Less: net income allocated to participating securities13.0 — 
Basic EPS:
Net (loss) income allocated to common stockholders$231.3 92.7 $2.50 $(31.1)92.3 $(0.34)
Effect of Dilutive Securities(1):
Share-based compensation(12.2)1.5 — — 
Convertible senior notes2.6 4.6 — — 
Diluted EPS:
Net (loss) income allocated to common stockholders with assumed conversion$221.7 98.8 $2.24 $(31.1)92.3 $(0.34)
Three months ended
June 30,
Six months ended
June 30,
Securities excluded from the calculation of diluted EPS (in millions)(1):
2024202320242023
Share-based compensation1.9 — — 0.9 
Convertible preferred shares5.2 5.4 5.2 5.4 
Convertible notes4.6 4.6 — 4.6 
(1)In periods when we report a net loss, all share-based compensation awards, convertible preferred shares and convertible senior notes are excluded from the calculation of diluted weighted average shares outstanding because of their anti-dilutive effect on earnings (loss) per share.