(Loss) Earnings Per Share of Common Stock (Tables)

12 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Reconciliation of Numerator and Denominator for Basic and Diluted Earnings (loss) Per Share Calculation

Set forth below is a reconciliation of the numerator and denominator for basic and diluted (loss) earnings per share calculation for the periods indicated:

	Fiscal Year Ended
	September 30, 2023			September 30, 2022		September 30, 2021
Basic (loss) earnings per common share
Numerator:
Net (loss) income	$	(7.7	)	$	14.0	$	46.3
Dividends on Series A convertible preferred stock		(3.2	)		—		—
Earnings allocated to Convertible Preferred Stock		—			—		—
Net (loss) income attributable to common stockholders – basic	$	(10.9	)	$	14.0	$	46.3
Denominator:
Weighted average number of common shares outstanding – basic		93,412,000			97,898,000		105,183,000
Basic (loss) earnings per share	$	(0.12	)	$	0.14	$	0.44
Diluted (loss) earnings per common share
Numerator:
Net (loss) income available to common shareholders – diluted	$	(10.9	)	$	14.0	$	46.3
Denominator:
Weighted average number of common shares outstanding – basic		93,412,000			97,898,000		105,183,000
Dilutive effect of:
Stock compensation awards		—			263,000		507,000
Series A convertible preferred stock		—			—		—
Weighted average number of common shares outstanding – diluted		93,412,000			98,161,000		105,690,000
Diluted (loss) earnings per share	$	(0.12	)	$	0.14	$	0.44
Other Information:
Weighted average number of anti-dilutive options, restricted    stock and Series A convertible preferred shares on an as-converted basis (a)		9,656,000			5,010,000		7,452,000

(a)Weighted average number of anti-dilutive options is based upon the average closing price of the Company’s common stock on the NYSE for the period.