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

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

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Basic net income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

4.4

 

 

$

(0.6

)

 

$

7.8

 

 

$

(22.1

)

Basic weighted average common shares outstanding

 

31,981,843

 

 

 

32,363,376

 

 

 

32,091,353

 

 

 

31,484,906

 

Basic net income (loss) per share of common stock

$

0.14

 

 

$

(0.02

)

 

$

0.24

 

 

$

(0.70

)

Diluted income (loss) per share

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

4.4

 

 

$

(0.6

)

 

$

7.8

 

 

$

(22.1

)

Basic weighted average common shares outstanding

 

31,981,843

 

 

 

32,363,376

 

 

 

32,091,353

 

 

 

31,484,906

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive non-vested restricted stock units

 

157,109

 

 

 

 

 

 

198,774

 

 

 

 

Diluted weighted average common shares outstanding

 

32,138,952

 

 

 

32,363,376

 

 

 

32,290,127

 

 

 

31,484,906

 

Diluted net income (loss) per share of common stock

$

0.14

 

 

$

(0.02

)

 

$

0.24

 

 

$

(0.70

)