Earnings per Share/Unit

12 Months Ended

Dec. 31, 2024

Earnings per Share/Unit

Earnings per Share/Unit

16. Earnings per Share/Unit

The following table sets forth the computation of basic and diluted earnings per share / limited partner unit (in millions, except share/unit and per share/unit data):

	Year Ended December 31,
	2024		2023		2022
Numerator for basic and diluted earnings per share / limited partner unit:
Net income (loss)	$	(222.0)	$	48.1	$	(173.3)
Less:
General partner's interest in net income (loss)				1.0		(3.5)
Net income (loss) attributable to limited partners			$	47.1	$	(169.8)
Denominator for earnings per share / limited partner unit:
Weighted average number of basic and diluted common shares / limited partner units outstanding (1) (2)		83,146,680		80,075,530		79,336,283
Earnings per share / limited partners' interest net income (loss) per unit:
Basic and diluted	$	(2.67)	$	0.59	$	(2.14)

(1) There were no incremental shares that would have been dilutive in the computation of earnings per limited partner unit for the year ended December 31, 2023.

(2) Total diluted weighted average common shares / limited partner units outstanding excludes a de-minimis amount of potentially dilutive restricted stock units / phantom units which would have been anti-dilutive for the years ended December 31, 2024 and 2022.