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Net (Loss) Earnings Per Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net (Loss) Earnings Per Share

(6) Net (Loss) Earnings Per Share

The calculation of net (loss) earnings per share - basic and net (loss) earnings per share - diluted were as follows:

 

Year Ended December 31

 

2025

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

Net (loss) earnings available to common shareholders:

 

$

(13.3

)

 

$

145.1

 

 

$

88.8

 

Weighted-average common shares outstanding (in millions):

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic

 

 

46.6

 

 

 

47.8

 

 

 

49.8

 

Effect of share-based awards

 

 

 

 

 

0.5

 

 

 

0.6

 

Weighted-average common shares outstanding – diluted

 

 

46.6

 

 

 

48.3

 

 

 

50.4

 

Net (loss) earnings per share – basic

 

$

(0.29

)

 

$

3.04

 

 

$

1.78

 

Net (loss) earnings per share – diluted

 

$

(0.29

)

 

$

3.01

 

 

$

1.76

 

 

There were 1.1 million, 0.8 million and 0.6 million share-based awards excluded from the calculation of net (loss) earnings per share - diluted for the years ended December 31, 2025, 2024 and 2023, respectively, because their impact was anti-dilutive.