Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The details of the earnings per share calculations for the years ended December 31, 2020, 2019, and 2018 are as follows (in millions, except per share and per share amounts):

	Year ended December 31, 2020		Year ended December 31, 2019		Year ended December 31, 2018
Net income (loss)	$	(183.6)	$	(140.8)	$	(314.0)
Weighted-average number of common shares outstanding - basic	307,076,397		118,261,955		118,261,955
Dilutive effect of equity-based compensation and warrants	—		—		—
Weighted-average number of common shares outstanding - diluted	307,076,397		118,261,955		118,261,955
Net income per share
Basic	$	(0.60)	$	(1.19)	$	(2.65)
Diluted	(0.60)		(1.19)		(2.65)

(1)The Business Combination was accounted for as a reverse capitalization in accordance with U.S. GAAP. See Note 1 "Description of the Business". Accordingly, weighted-average shares outstanding for purposes of the earnings per share calculation have been retroactively restated as shares reflecting the exchange ratio established in the Business Combination (1.0 Vertiv Holdings share to 118.261955 Vertiv Holdings Co shares).