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Basic and Diluted Loss Per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of 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):

												Three Months Ended March 31,
																		2024						2023
Net loss																		$	(20.1)					$	(8.0)
Net loss (income) attributable to non-controlling interest and redeemable non-controlling interest																		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																		$	(17.7)					$	(10.2)
Weighted average common shares outstanding - basic and diluted																		78.7						77.7
Loss per share - basic and diluted																		$	(0.22)					$	(0.13)

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- References

No definition available.

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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
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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