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Net Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net (Loss) Earnings Per Share

(8) Net (Loss) Earnings Per Share

The calculations of net earnings per share - basic and net earnings per share - diluted were as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net (loss) earnings available to common shareholders

 

$

(67.1

)

 

$

60.1

 

 

$

(61.5

)

 

$

99.8

 

Weighted-average common shares outstanding (in millions)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

46.5

 

 

 

47.9

 

 

 

46.7

 

 

 

48.1

 

Effect of dilutive securities - share-based awards

 

 

 

 

 

0.5

 

 

 

 

 

 

0.6

 

Weighted-average common shares outstanding - diluted

 

 

46.5

 

 

 

48.4

 

 

 

46.7

 

 

 

48.7

 

Net (loss) earnings per share - basic

 

$

(1.44

)

 

$

1.25

 

 

$

(1.32

)

 

$

2.07

 

Net (loss) earnings per share - diluted

 

$

(1.44

)

 

$

1.24

 

 

$

(1.32

)

 

$

2.05

 

 

There were 1.0 million and 0.8 million share-based awards excluded from the calculation of net (loss) earnings per share - diluted for the three months ended June 30, 2025 and 2024, respectively, because their impact was anti-dilutive. There were 1.1 million and 0.8 million share-based awards excluded from the calculation of net (loss) earnings per share - diluted for the six months ended June 30, 2025 and 2024, respectively, because their impact was anti-dilutive.