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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share for the three and six months ended June 30, 2022 and 2021 were calculated as follows (amounts in millions, except per share amounts):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Basic net income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

5.4

 

 

$

(15.8

)

 

$

3.4

 

 

$

(21.5

)

Basic weighted average common shares outstanding

 

31,933,032

 

 

 

32,403,151

 

 

 

32,147,015

 

 

 

31,204,239

 

Basic net income (loss) per share of common stock

$

0.17

 

 

$

(0.49

)

 

$

0.11

 

 

$

(0.69

)

Diluted income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

5.4

 

 

$

(15.8

)

 

$

3.4

 

 

$

(21.5

)

Basic weighted average common shares outstanding

 

31,933,032

 

 

 

32,403,151

 

 

 

32,147,015

 

 

 

31,204,239

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive non-vested restricted stock units

 

218,480

 

 

 

150,375

 

 

 

220,795

 

 

 

140,278

 

Diluted weighted average common shares outstanding

 

32,151,512

 

 

 

32,553,526

 

 

 

32,367,810

 

 

 

31,344,518

 

Diluted net income (loss) per share of common stock

$

0.17

 

 

$

(0.49

)

 

$

0.11

 

 

$

(0.69

)