XML 27 R17.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings per Common Share
 9 Months Ended
Sep. 30, 2024
Earnings per Common Share  
Earnings per Common Share

Note 10. Earnings per Common Share

Basic earnings or loss per share attributable to the Company’s common stockholders is computed by dividing net income or loss attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings or loss per share attributable to common stockholders presents the dilutive effect, if any, on a per share basis of potential common shares (such as restricted stock units) as if they had been vested or converted during the periods presented.  No such items were included in the computation of diluted loss or earnings per share for the three and nine months ended September 30, 2024 and 2023 because the Company incurred a net loss and the effect of inclusion would have been anti-dilutive.

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

​

​

September 30, 

​

September 30, 

​

    

2024

    

2023

    

2024

    

2023

​

​

(in millions, except share data)

Net loss

​

$

(22.4)

​

$

(104.5)

​

$

(48.2)

​

$

(244.2)

​

​

​

​

​

​

​

​

​

​

​

​

​

Basic weighted-average shares

​

 

82,053,403

​

 

80,888,537

​

 

81,782,166

​

 

81,797,740

Effect of dilutive securities:

​

 

​

​

 

​

​

 

​

​

 

​

Restricted stock awards

​

 

—

​

 

—

​

 

—

​

 

—

Diluted weighted-average shares

​

 

82,053,403

​

 

80,888,537

​

 

81,782,166

​

 

81,797,740

​

​

​

​

​

​

​

​

​

​

​

​

​

Basic and diluted loss per common share

​

​

​

​

​

​

​

​

​

​

​

​

Basic

​

$

(0.27)

​

$

(1.29)

​

$

(0.59)

​

$

(2.99)

Diluted

​

$

(0.27)

​

$

(1.29)

​

$

(0.59)

​

$

(2.99)

​