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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net services revenue ($206.4 million and $414.8 million for the three and six months ended June 30, 2020, respectively, and $199.0 million and $380.8 million for the three and six months ended June 30, 2019, respectively, from related party) $ 314.7 $ 295.0 $ 635.2 $ 570.9
Operating expenses:        
Cost of services 248.3 246.1 502.2 483.3
Selling, general and administrative 23.3 25.8 48.8 48.3
Other expenses 18.0 10.7 26.7 19.5
Total operating expenses 289.6 282.6 577.7 551.1
Income from operations 25.1 12.4 57.5 19.8
Loss on debt extinguishment 0.0 18.8 0.0 18.8
Net interest expense 4.8 9.9 8.6 20.1
Income (loss) before income tax provision (benefit) 20.3 (16.3) 48.9 (19.1)
Income tax provision (benefit) 5.2 (11.1) 15.6 (14.1)
Net income (loss) $ 15.1 $ (5.2) $ 33.3 $ (5.0)
Net income (loss) per common share:        
Basic (in dollars per share) $ 0.04 $ (0.09) $ 0.10 $ (0.14)
Diluted (in dollars per share) $ 0.03 $ (0.09) $ 0.08 $ (0.14)
Weighted average shares used in calculating net income (loss) per common share:        
Basic (in shares) 115,067,552 110,956,014 114,754,298 110,382,509
Diluted (in shares) 165,887,964 110,956,014 167,809,324 110,382,509
Consolidated statements of comprehensive income (loss)        
Net income (loss) $ 15.1 $ (5.2) $ 33.3 $ (5.0)
Other comprehensive income (loss):        
Net change on derivatives designated as cash flow hedges, net of tax 0.8 0.1 (3.6) 0.3
Foreign currency translation adjustments (0.2) 0.0 (2.3) 0.5
Comprehensive income (loss) 15.7 (5.1) 27.4 (4.2)
Basic:        
Net income (loss) 15.1 (5.2) 33.3 (5.0)
Less dividends on preferred shares (5.6) (5.1) (11.0) (10.1)
Less income allocated to preferred shareholders (4.7) 0.0 (11.0) 0.0
Net income (loss) available/allocated to common shareholders - basic 4.8 (10.3) 11.3 (15.1)
Diluted:        
Net income (loss) 15.1 (5.2) 33.3 (5.0)
Less dividends on preferred shares (5.6) (5.1) (11.0) (10.1)
Less income allocated to preferred shareholders (3.8) 0.0 (8.9) 0.0
Net income (loss) available/allocated to common shareholders - diluted $ 5.7 $ (10.3) $ 13.4 $ (15.1)