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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Schedule of Restricted Stock Activity | The following table presents RSA activity for the years ended December 31, 2023, 2022 and 2021:
| 2023 |  | 2022 |  | 2021
| # of Shares |  | Weighted Average Fair Value at Date of Grant |  | # of Shares |  | Weighted Average Fair Value at Date of Grant |  | # of Shares |  | Weighted Average Fair Value at Date of Grant
Nonvested restricted shares outstanding at January 1 | 526,961 |  |  | $ | 31.89 |  |  | 377,729 |  |  | $ | 36.78 |  |  | 405,299 |  |  | $ | 34.96 |
Granted | — |  |  | — |  |  | 678,343 |  |  | 31.17 |  |  | 207,135 |  |  | 39.10 |
Forfeited | (97,629) |  |  | 33.46 |  |  | (49,617) |  |  | 30.57 |  |  | (4,345) |  |  | 33.37 |
Vested | (292,519) |  |  | 32.98 |  |  | (479,494) |  |  | 34.81 |  |  | (230,360) |  |  | 35.71 |
Converted to RSUs | (136,813) |  |  | 28.43 |  |  | — |  |  | — |  |  | — |  |  | — |
Nonvested restricted shares outstanding at December 31 | — |  |  | $ | — |  |  | 526,961 |  |  | $ | 31.89 |  |  | 377,729 |  |  | $ | 36.78 |
RSUs and PSUs The following table presents activity of RSUs for the years ended December 31, 2023 and 2022:
| 2023 |  | 2022
| # of Shares |  | Weighted Average Fair Value at Date of Grant |  | # of Shares |  | Weighted Average Fair Value at Date of Grant
Outstanding at January 1 | 343,142 |  |  | $ | 23.41 |  |  | — |  |  | $ | — |
Granted | 277,479 |  |  | 25.33 |  |  | — |  |  | — |
Acquired and converted | — |  |  | — |  |  | 472,181 |  |  | 23.41 |
Converted from RSAs | 136,813 |  |  | 28.43 |  |  | — |  |  | — |
Forfeited | (69,627) |  |  | 26.08 |  |  | (5,172) |  |  | 23.41 |
Vested | (125,737) |  |  | 25.95 |  |  | (123,867) |  |  | 23.41 |
Outstanding at December 31 | 562,070 |  |  | $ | 24.68 |  |  | 343,142 |  |  | $ | 23.41 |
The following table presents activity of PSUs for the years ended December 31, 2023 and 2022:
| 2023 |  | 2022
| # of Shares |  | Weighted Average Fair Value at Date of Grant |  | # of Shares |  | Weighted Average Fair Value at Date of Grant
Outstanding at January 1 | 320,732 |  |  | $ | 23.57 |  |  | — |  |  | $ | — |
Granted | 105,867 |  |  | 26.74 |  |  | 320,732 |  |  | 23.57 |
Forfeited | (151,186) |  |  | 24.12 |  |  | — |  |  | — |
Vested | (2,188) |  |  | 26.74 |  |  | — |  |  | — |
Outstanding at December 31 | 273,225 |  |  | $ | 24.47 |  |  | 320,732 |  |  | $ | 23.57 |
Schedule of Reconciliation of the Common and Potential Common Shares Outstanding Used in Earnings Per Share Calculation | A reconciliation of the average number of common and potential common shares outstanding used in the calculations of basic and diluted net income per share follows (in millions, shares in thousands):
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
Numerator (basic and diluted): |  |  |  |  |
Net income (loss) | $ | (309.5) |  |  | $ | (6.6) |  |  | $ | 88.9 |
Less: Dividends paid to participating securities | (0.7) |  |  | (0.9) |  |  | (0.6) |
Less: Undistributed earnings available to participating securities | — |  |  | — |  |  | (0.5) |
Undistributed and distributed earnings (loss) available to common stockholders | $ | (310.2) |  |  | $ | (7.5) |  |  | $ | 87.8 |
Denominator: |  |  |  |  |
Average number of common shares outstanding | 54,506.9 |  |  | 42,442.2 |  |  | 31,030.4 |
Effect of dilutive stock-based compensation(1) | — |  |  | — |  |  | 369.9 |
Average number of common and potential common shares outstanding | 54,506.9 |  |  | 42,442.2 |  |  | 31,400.3 |
(1) Diluted loss per share excludes the weighted average potential common shares as their inclusion would be anti-dilutive.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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