Earnings Per Share/Unit

3 Months Ended

Mar. 31, 2025

Earnings Per Share/Unit

Earnings Per Share/Unit

12. 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):

	Three Months Ended March 31,
		2025		2024
Numerator for basic and diluted earnings per share / limited partner unit:
Net loss	$	(162.0)	$	(41.6)
Less:
General partner's interest in net loss				(0.8)
Net loss attributable to limited partners			$	(40.8)
Denominator for earnings per share / limited partner unit:
Weighted average number of basic and diluted common shares / limited partner units outstanding (1)		86,428,634		80,352,403
Earnings per share / limited partners' interest net loss per unit:
Basic and diluted	$	(1.87)	$	(0.51)

(1) 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 three months ended March 31, 2025 and 2024, respectively.