Earnings Per Share

9 Months Ended

Sep. 30, 2024

Earnings Per Share

Earnings Per Share

11. Earnings Per Share

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023			2024		2023
			(As Restated and Recast)				(As Restated and Recast)
Numerator for basic and diluted earnings per share:
Net income (loss)	$	(100.6)	$	99.8	$	(181.3)	$	96.1
Denominator for earnings per share:
Basic common shares outstanding		85,530,080		80,172,810		82,158,405		80,046,930
Diluted common shares outstanding (1)		85,530,080		80,387,278		82,158,405		80,148,519
Earnings per share:
Basic	$	(1.18)	$	1.24	$	(2.21)	$	1.20
Diluted	$	(1.18)	$	1.24	$	(2.21)	$	1.20

(1) Total diluted weighted average common shares outstanding excludes a de-minimis amount of potentially dilutive restricted stock units which would have been anti-dilutive for the three and nine months ended September 30, 2024.