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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Computations of Basic and Diluted Net Loss per Share The basic and diluted net loss per share computations were calculated as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(Dollars in millions, except share and per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(19.8

)

 

$

(25.8

)

 

$

(47.2

)

 

$

(45.0

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding - basic

 

 

152,752,369

 

 

 

149,293,833

 

 

 

152,439,996

 

 

 

149,006,538

 

Effect of dilutive equity instruments

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding - diluted

 

 

152,752,369

 

 

 

149,293,833

 

 

 

152,439,996

 

 

 

149,006,538

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share - basic

 

$

(0.13

)

 

$

(0.17

)

 

$

(0.31

)

 

$

(0.30

)

Net loss per share - diluted

 

$

(0.13

)

 

$

(0.17

)

 

$

(0.31

)

 

$

(0.30

)

Schedule of Potentially Dilutive Weighted Average Shares Excluded from Calculation of Diluted Net Loss per Share

The following potentially dilutive weighted-average shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Stock options

 

 

5,699,807

 

 

 

5,542,424

 

 

 

5,813,488

 

 

 

5,496,018

 

Restricted stock units

 

 

2,097,835

 

 

 

458,018

 

 

 

1,235,150

 

 

 

500,064

 

Performance stock units

 

 

1,439,481

 

 

 

729,104

 

 

 

1,340,950

 

 

 

667,903