Note 13 - Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2024			2023			2024			2023
Net earnings	$	26		$	35		$	58		$	68
Less: Series B Preferred stock cash dividends		(1	)		(1	)		(2	)		(2	)
Less: Series C Preferred stock in-kind dividends		(2	)		(2	)		(3	)		(3	)
Less: Preferred stock deemed dividends		—			—			(1	)		(1	)
Less: Earnings attributable to Series C Preferred shareholders		(3	)		(4	)		(7	)		(8	)
Net earnings available to common shareholders - basic	$	20		$	28		$	45		$	54
Effect of dilutive securities:
Add back: Series B preferred stock cash and deemed dividends	$	1		$	1		$	3		$	2
Add back: Convertible Notes interest expense		—			1		$	—			2
Net earnings available to common shareholders - diluted	$	21		$	30		$	48		$	58

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in millions of shares)	2024		2023		2024		2023
Weighted average shares — basic		80.1		79.4		79.9		79.3
Effect of dilutive securities
Unvested restricted stock units		1.7		0.9		1.6		0.8
Employee stock options		1.1		0.7		0.9		0.6
Series B Preferred Stock		9.5		9.5		9.5		9.5
Convertible Notes		—		2.5		—		2.5
Weighted average shares — diluted		92.4		93.0		91.9		92.7