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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue $ 315.2 $ 317.9
Cost of revenue 266.6 274.3
Gross profit 48.6 43.6
Operating expenses:    
Selling, general and administrative 39.5 41.7
Depreciation and amortization 4.4 6.3
Other operating loss (income) 1.9 (0.4)
Income (loss) from operations 2.8 (4.0)
Other (expense) income:    
Interest expense (17.2) (15.6)
Loss from equity investees 1.2 4.0
Other (expense) income, net (1.2) 16.5
Loss from operations before income taxes (16.8) (7.1)
Income tax expense (3.3) (0.9)
Net loss (20.1) (8.0)
Net loss (income) attributable to non-controlling interests and redeemable non-controlling interests 2.7 (1.0)
Net loss attributable to INNOVATE Corp. (17.4) (9.0)
Less: Preferred dividends 0.3 1.2
Net loss attributable to common stockholders, basic (17.7) (10.2)
Net loss attributable to common stockholders, diluted $ (17.7) $ (10.2)
Loss per share - basic and diluted    
Basic (in usd per share) $ (0.22) $ (0.13)
Diluted (in usd per share) $ (0.22) $ (0.13)
Weighted average common shares outstanding - basic and diluted    
Basic (in shares) 78.7 77.7
Diluted (in shares) 78.7 77.7