XML 70 R63.htm IDEA: XBRL DOCUMENT v3.25.1
Earnings (Loss) Per Share of Common Stock - Reconciliation of Numerator and Denominator for Basic and Diluted (Loss) Earnings Per Share Calculation (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Earnings Per Share [Abstract]        
Net Income (Loss) $ 6.4 $ 33.7 $ (4.0) $ 17.3
Less: Dividends on Series A convertible preferred shares (8.8) (8.9) (17.8) (17.8)
Less: Earnings allocated to Convertible Preferred Shares 0.0 (9.0) 0.0 0.0
Net (loss) income available to common shareholders $ (2.4) $ 15.8 $ (21.8) $ (0.5)
Weighted average number of common shares outstanding - basic 95,516,000 94,436,000 95,339,000 94,210,000
Basic (loss) earnings per share $ (0.03) $ 0.17 $ (0.23) $ (0.01)
Net (loss) available to common shareholders - diluted $ (2.4) $ 15.8 $ (21.8) $ (0.5)
Stock compensation awards 0 1,275,000 0 0
Weighted average number of common shares outstanding - diluted 95,516,000 95,711,000 95,339,000 94,210,000
Diluted (loss) earnings per share $ (0.03) $ 0.17 $ (0.23) $ (0.01)
Weighted average number of anti-dilutive Series A convertible preferred shares, options and restricted stock(a) [1] 59,709,000 55,691,000 59,607,000 57,560,000
[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.