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Net Loss per Common Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Summary of Calculation of Net Loss per Common Share

The following summarizes the calculation of net loss per common share attributable to common shareholders for the three and six months ended June 30, 2025 and 2024:

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in thousands, except per share data)

    

2025

    

2024

    

2025

    

2024

Loss from continuing operations, net of tax

$

(83,822)

$

(6,742)

$

(87,632)

$

(20,135)

Loss from discontinued operations, net of tax

(785,236)

(25,171)

(806,408)

(33,664)

Net loss

$

(869,058)

$

(31,913)

$

(894,040)

$

(53,799)

Weighted average shares outstanding - basic

 

76,935

 

76,727

 

77,102

 

76,526

Dilutive shares

 

 

 

 

Weighted average shares outstanding - diluted

 

76,935

 

76,727

 

77,102

 

76,526

Basic loss per common share:

 

  

 

  

 

  

 

  

Loss from continuing operations, net of tax

$

(1.09)

$

(0.09)

$

(1.14)

$

(0.26)

Loss from discontinued operations, net of tax

(10.21)

(0.33)

(10.46)

(0.44)

Net loss

$

(11.30)

$

(0.42)

$

(11.60)

$

(0.70)

Diluted loss per common share:

Loss from continuing operations, net of tax

$

(1.09)

$

(0.09)

$

(1.14)

$

(0.26)

Loss from discontinued operations, net of tax

(10.21)

(0.33)

(10.46)

(0.44)

Net loss

$

(11.30)

$

(0.42)

$

(11.60)

$

(0.70)