Fiscal Year Ended

September 30, 2025

September 30, 2024

September 30, 2023

Basic Earnings (Loss) per common share

Numerator:

Net income

$

56.0

$

66.4

$

(7.7

)

 Less: dividends on Series A convertible preferred shares

(35.8

)

(35.7

)

(3.2

)

 Less: Earnings allocated to Convertible Preferred Shares

(7.4

)

(11.2

)

—

Net income (loss) available to common shareholders

$

12.8

$

19.5

$

(10.9

)

Denominator:

Weighted average number of common shares outstanding – basic

95,170,000

94,673,000

93,412,000

Basic earnings per share

$

0.13

$

0.21

$

(0.12

)

Diluted earnings (loss) per common share

Numerator:

Net income (loss) available to common shareholders – diluted

$

12.8

$

19.5

$

(10.9

)

Denominator:

Weighted average number of common shares outstanding – basic

95,170,000

94,673,000

93,412,000

Dilutive effect of:

Stock compensation awards

1,333,000

1,403,000

—

Weighted average number of common shares outstanding – diluted

96,503,000

96,076,000

93,412,000

Diluted earnings per share

$

0.13

$

0.20

$

(0.12

)

Other Information:

Weighted average number of anti-dilutive Series A convertible preferred shares, options and restricted stock(a)

57,369,000

56,587,000

9,656,000