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

(8) Net Earnings (Loss) Per Share

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net earnings (loss) available to common shareholders

 

$

18.0

 

 

$

22.8

 

 

$

(43.5

)

 

$

122.6

 

Weighted-average common shares outstanding (in millions)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

46.5

 

 

 

47.6

 

 

 

46.6

 

 

 

47.9

 

Effect of dilutive securities - share-based awards

 

 

0.4

 

 

 

0.5

 

 

 

—

 

 

 

0.6

 

Weighted-average common shares outstanding - diluted

 

 

46.9

 

 

 

48.1

 

 

 

46.6

 

 

 

48.5

 

Net earnings (loss) per share - basic

 

$

0.39

 

 

$

0.48

 

 

$

(0.93

)

 

$

2.56

 

Net earnings (loss) per share - diluted

 

$

0.38

 

 

$

0.47

 

 

$

(0.93

)

 

$

2.53

 

 

There were 0.7 million and 0.8 million share-based awards excluded from the calculation of net earnings per share - diluted for the three months ended September 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 earnings (loss) per share - diluted for the nine months ended September 30, 2025 and 2024, respectively, because their impact was anti-dilutive.