Year Ended December 31,

2024

2023

2022

Numerator:

Net income (loss), basic

$

1.3

$

69.4

$

65.1

Add convertible notes interest

—

1.0

1.9

Net income (loss), diluted

$

1.3

$

70.4

$

67.0

Denominator:

Weighted average shares outstanding, basic

43.2

43.8

45.8

Dilutive effect of equity-based awards

1.1

2.1

2.1

Dilutive effect of convertible notes

—

1.9

3.6

Weighted average shares outstanding, diluted

44.3

47.8

51.5

Basic earnings (loss) per share

$

0.03

$

1.58

$

1.42

Diluted earnings (loss) per share

$

0.03

$

1.47

$

1.30