Net (Loss) Earnings Per Share

3 Months Ended

Jun. 30, 2025

Basic and diluted net (loss) income per share is calculated based on the weighted average common shares outstanding for the period. Basic and diluted net (loss) income per share for the three months ended June 30, 2025 and 2024 is presented below:


	Three Months Ended
	June 30,
	2025		2024
	(Amounts in millions, except per share amounts)
Basic and Diluted (Loss) Earnings Per Common Share:
Numerator:
Net income (loss) from continuing operations	$	(42.5)	$	1.1
Net income from discontinued operations	—		3.1
Net income (loss) attributable to common stockholders	$	(42.5)	$	4.2
Denominator:
Weighted average common shares outstanding	16.7		16.7

Basic and diluted net (loss) income per common share - continuing operations	$	(2.54)	$	0.07
Basic and diluted net income per common share - discontinued operations	—		0.19
Basic and diluted net (loss) income per common share	$	(2.54)	$	0.26

As a result of the net loss for the three months ended June 30, 2025, the dilutive effect of the stock options and RSUs, presented below were considered anti-dilutive and, therefore, excluded from diluted net loss per common share.

For the three months ended June 30, 2025, the outstanding common shares issuable presented below were excluded from net loss per common share because their inclusion would have had an anti-dilutive effect:


			Three Months Ended
			June 30,
			2025
			(Amounts in millions)
Anti-dilutive shares issuable
Stock options and share appreciation rights			0.8
Restricted share units			2.5
Total weighted average anti-dilutive shares issuable excluded from diluted net income (loss) per common share			3.3