XML 45 R37.htm IDEA: XBRL DOCUMENT v3.25.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Earnings Per Share

The computation of earnings per share for the three months ended March 31, 2025 and 2024 was as follows:

 

 

 

Three Months Ended March 31,

 

(in millions except per share data)

 

2025

 

 

2024

 

Net loss

 

$

(13.2

)

 

$

(6.3

)

Determination of shares:

 

 

 

 

 

 

Weighted-average number of common shares outstanding

 

 

93.3

 

 

 

95.7

 

Shares issuable on exercise of stock awards, net of shares assumed to be purchased out of proceeds at average market price

 

 

 

 

 

 

Average common shares outstanding for fully diluted computation(1)

 

 

93.3

 

 

 

95.7

 

 

 

 

 

 

 

 

Per share:

 

 

 

 

 

 

Basic loss per share

 

$

(0.14

)

 

$

(0.07

)

Diluted loss per share(1)

 

$

(0.14

)

 

$

(0.07

)

Shares outstanding as of March 31,

 

 

90.1

 

 

 

95.6

 

 

(1)
Diluted by assumed exercise of stock-based compensation awards using the treasury stock method.