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Earnings (Loss) Per Share of Common Stock - Reconciliation of Numerator and Denominator for Basic and Diluted Earnings (loss) Per Share Calculation (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Earnings Per Share [Abstract]        
Net income (loss) $ 33.7 $ (22.0) $ 17.3 $ (40.9)
Less: dividends on Series A convertible preferred shares (8.9) 0.0 (17.8) 0.0
Less: Earnings allocated to Convertible Preferred Shares (9.0) 0.0 0.0 0.0
Net income (loss) available to common stockholders $ 15.8 $ (22.0) $ (0.5) $ (40.9)
Weighted average number of common shares outstanding - basic 94,436,000 93,475,000 94,210,000 93,362,000
Basic earnings (loss) per share $ 0.17 $ (0.23) $ (0.01) $ (0.44)
Net income (loss) available to common shareholders - diluted $ 15.8 $ (22.0) $ (0.5) $ (40.9)
Stock compensation awards 1,275,000 0 0 0
Weighted average number of common shares outstanding - diluted 95,711,000 93,475,000 94,210,000 93,362,000
Diluted earnings (loss) per share $ 0.17 $ (0.23) $ (0.01) $ (0.44)
Weighted average number of anti-dilutive Series A convertible preferred shares, options and restricted stock(a) [1] 55,691,000 5,320,000 57,560,000 5,321,000
[1] 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.