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Basic and Diluted Loss Per Common Share (Tables) | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Calculation of Basic Loss Per Common Share to Diluted Loss Per Common Share | The following table presents a reconciliation of net loss used in the basic and diluted EPS calculations (in millions, except per share amounts):
|  |  |  | Years Ended December 31,
|  |  |  |  |  | 2022 |  | 2021
Loss from continuing operations |  |  |  |  |  | $ | (42.0) |  |  | $ | (86.3) |
Loss from continuing operations attributable to noncontrolling interest and redeemable noncontrolling interest |  |  |  |  |  | 6.1 |  |  | 7.8 |
Loss from continuing operations attributable to INNOVATE Corp. |  |  |  |  |  | (35.9) |  |  | (78.5) |
Less: Preferred dividends and deemed dividends from conversions |  |  |  |  |  | 4.9 |  |  | 2.2 |
Loss from continuing operations attributable to INNOVATE common stockholders |  |  |  |  |  | (40.8) |  |  | (80.7) |
Loss from discontinued operations |  |  |  |  |  | — |  |  | (149.9) |
Loss from discontinued operations attributable to noncontrolling interest and redeemable noncontrolling interest |  |  |  |  |  | — |  |  | 0.9 |
Loss from discontinued operations, net of tax and noncontrolling interest |  |  |  |  |  | — |  |  | (149.0) |
Net loss attributable to common stockholders |  |  |  |  |  | $ | (40.8) |  |  | $ | (229.7) |
Numerator for loss per share - basic and diluted |  |  |  |  |  |  |  |
Net loss from continuing operations attributable to common stock |  |  |  |  |  | $ | (40.8) |  |  | $ | (80.7) |
Net loss from discontinued operations attributable to common stock |  |  |  |  |  | — |  |  | (149.0) |
Net loss attributable to common stock - basic and diluted |  |  |  |  |  | $ | (40.8) |  |  | $ | (229.7) |
Denominator for basic and dilutive loss per share |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  |  |  |  | 77.5 |  |  | 77.1 |
Loss per share - continuing operations - basic and diluted |  |  |  |  |  | $ | (0.53) |  |  | $ | (1.05) |
Loss per share - discontinued operations - basic and diluted |  |  |  |  |  | $ | — |  |  | $ | (1.93) |
Loss per share - basic and diluted |  |  |  |  |  | $ | (0.53) |  |  | $ | (2.98) |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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