Net Income (Loss) Per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Net Income (Loss) Per Common Share on Basic and Diluted Basis

The following table presents the calculation of net income (loss) per common share on a basic and diluted basis:

	For the Three Months Ended March 31,
(in millions, except number of shares and per share amounts)	2022		2021
Net income (loss)	$	(1.0)	$	29.8
Less: Preferred share dividends	2.6		2.6
Net income (loss) attributable to common shareholders	(3.6)		27.2
Weighted average common shares outstanding - basic	34,891,935		34,712,650
Effect of dilutive securities:
Equity compensation awards	—		225,363
Weighted average common shares outstanding - diluted	34,891,935		34,938,013
Net income (loss) per common share:
Basic	$	(0.11)	$	0.78
Diluted	$	(0.11)	$	0.78