Equity Incentive Programs (Tables)

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

Summary of Total Compensation Expense

The total compensation expense recognized related to all equity incentive programs for the three months ended March 31, 2024 and 2023, was as follows:

	Three Months Ended March 31,
	2024		2023
Restricted Stock (“RS”) and Restricted Stock Units (“RSU”) equity awards expense	$	1.8	$	0.9
Deferred Stock Units (“DSU”) awards expense	—		0.1
Total equity incentive compensation expense	$	1.8	$	1.0

Summary of RS and RSU Award Activity

The following table is a summary of RS and RSU award activity for the three months ended March 31, 2024:

	Restricted Stock				Restricted Stock Units
	Shares	Weighted- Average Grant Date Fair Value Per Share		Weighted- Average Remaining Contractual Term (years)	Units	Weighted- Average Grant Date Fair Value Per Unit		Weighted- Average Remaining Contractual Term (years)
Nonvested at December 31, 2023	3,990,018	$	4.01	1.4	147,980	$	4.00	1.4
Granted	1,288,091	5.42			44,888	5.42
Vested	(869,360)	3.89			(27,087)	3.79
Forfeited	(73,603)	4.03			—	—
Nonvested at March 31, 2024	4,335,146	$	4.45	1.9	165,781	$	4.42	1.9

Summary of DSU Award Activity

The following table is a summary of DSU award activity for the three months ended March 31, 2024:

	Deferred Stock Units
	Units	Weighted-Average Grant Date Fair Value Per Unit
Outstanding at December 31, 2023	865,267	$	6.30
Dividend equivalents granted	8,347	6.04
Settled	(18,101)	17.65
Outstanding at March 31, 2024	855,513	$	6.05