XML 26 R15.htm IDEA: XBRL DOCUMENT v3.25.3
(Loss) Earnings Per Common Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
(Loss) Earnings Per Common Share (Loss) Earnings Per Common Share
The following table summarizes the computation of basic and diluted earnings per common share for the periods presented (in millions, except per share data):
Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
(Loss) earnings per common share—basic
Net (loss) income $(14.7)$(3.6)$7.7 $65.0 
Weighted-average common shares outstanding—basic183.9 183.8 183.7 183.7 
(Loss) earnings per common share—basic$(0.08)$(0.02)$0.04 $0.35 
(Loss) earnings per common share—diluted
Net (loss) income$(14.7)$(3.6)$7.7 $65.0 
Interest expense attributable to convertible notes, net of tax— — — 4.9 
Net (loss) income attributable to (loss) earnings per common share—diluted$(14.7)$(3.6)$7.7 $69.9 
Weighted-average common shares outstanding—basic183.9 183.8 183.7 183.7 
Incremental shares for assumed conversion of Convertible Notes— — — 14.7 
Outstanding options, restricted stock units and performance share units— — 1.5 0.9 
Weighted-average common shares outstanding—diluted183.9 183.8 185.2 199.3 
(Loss) earnings per common share—diluted$(0.08)$(0.02)$0.04 $0.35 
Anti-Dilutive Securities
For the nine months ended September 30, 2025, approximately 17.2 million securities outstanding comprised of shares subject to conversion from the Convertible Notes, stock options and restricted stock units, were excluded from the calculation of diluted earnings per common share as they would be anti-dilutive. For the nine months ended September 30, 2024, approximately 2.3 million securities outstanding comprised of stock options and restricted stock units were excluded from the calculation of diluted earnings per common share as they would be anti-dilutive.