Earnings Per Share

12 Months Ended

Dec. 31, 2024

Basic EPS amounts are calculated by dividing net income (loss) allocated to common stockholders by the weighted average number of common shares outstanding. Diluted EPS amounts assume the issuance of common stock for all potentially dilutive common shares outstanding.

The following table shows the basic and diluted earnings (loss) per share for 2024, 2023, and 2022:


	For the year ended December 31, 2024
	Net Income		Shares (in millions)	Per Share
Net income attributable to Century stockholders	$	336.8
Less: net income allocated to participating securities	17.9
Basic EPS:
Net income allocated to common stockholders	$	318.9	92.8	$	3.44
Effect of Dilutive Securities(1):
Share-based compensation	—		1.0
Convertible senior notes	2.7		4.6
Diluted EPS:
Net income allocated to common stockholders	$	321.6	98.4	$	3.27


	For the year ended December 31, 2023
	Net Loss			Shares (in millions)	Per Share
Net loss attributable to Century stockholders	$	(43.1)
Amount allocated to common stockholders	100		%




Basic and Diluted EPS:(1)	$	(43.1)		92.4	$	(0.47)


	For the year ended December 31, 2022
	Net Loss			Shares (in millions)	Per Share
Net loss attributable to Century stockholders	$	(14.1)
Amount allocated to common stockholders	100		%

Basic and Diluted EPS:(1)	$	(14.1)		91.4	$	(0.15)


Securities excluded from the calculation of diluted EPS (in millions)(1):	2024	2023	2022
Share-based compensation	0.6	1.0	1.7
Convertible preferred shares	5.2	5.4	5.8
Convertible senior notes	—	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.