Three Months Ended

Six Months Ended

June 30,

2025

2024

2025

2024

Numerator:

Income (loss) from continuing operations

$

29.4

$

(56.2

)

$

319.1

$

(299.2

)

Income from discontinued operations, net of tax

2.4

100.6

496.7

9.9

Net income (loss)

$

31.8

$

44.4

$

815.8

$

(289.3

)

Dividends on Series A convertible preferred stock

(17.1

)

(16.2

)

(34.0

)

(32.2

)

Net income (loss) attributable to common stockholders

$

14.7

$

28.2

$

781.8

$

(321.5

)

Denominator:

Weighted average common shares outstanding – basic

218.1

213.5

217.2

212.9

Dilutive effect of as-if converted Series A convertible preferred stock

—

—

45.0

—

Dilutive effect of equity-based awards

9.2

—

10.1

—

Weighted average common shares outstanding – diluted

227.3

213.5

272.3

212.9

Basic:

Earnings (loss) from continuing operations per share

$

0.06

$

(0.34

)

$

1.31

$

(1.56

)

Earnings from discontinued operations per share

0.01

0.47

2.29

0.05

Earnings (loss) per share

$

0.07

$

0.13

$

3.60

$

(1.51

)

Diluted:

Earnings (loss) from continuing operations per share

$

0.05

$

(0.34

)

$

1.17

$

(1.56

)

Earnings from discontinued operations per share

0.01

0.47

1.83

0.05

Earnings (loss) per share

$

0.06

$

0.13

$

3.00

$

(1.51

)