EQUITY - Reconciles Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Millions |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Net Income (Loss) | $ 4.0 | $ 4.3 | $ 31.5 | $ 31.5 |
Less allocation of earnings and dividends to participating securities | 0.0 | 0.2 | ||
Net Income Attributable to Common Shares | $ 4.0 | $ 31.3 | ||
Weighted average common shares outstanding, gross | 16,278,433 | 16,262,222 | ||
Less average participating securities | 106,568 | 98,821 | ||
Weighted average number of shares outstanding used in the calculation of basic earnings per share | 16,171,865 | 16,100,000 | 16,163,401 | 16,100,000 |
Add dilutive effect of: | ||||
Restricted stock and restricted stock units | 3,246 | 6,653 | ||
Adjusted weighted average number of shares outstanding used in the calculation of diluted earnings per common share | 16,175,111 | 16,100,000 | 16,170,054 | 16,100,000 |
Earnings per common share | ||||
Basic | $ 0.25 | $ 0.27 | $ 1.94 | $ 1.96 |
Diluted | $ 0.25 | $ 0.27 | $ 1.94 | $ 1.96 |
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- References No definition available.
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- Definition The total amount of dividends declared in the period for each class of stock and the contractual amount of dividends (or interest on participating income bonds) that must be paid for the period (for example, unpaid cumulative dividends). Dividends declared in the current period do not include dividends declared in respect of prior-period unpaid cumulative dividends. Preferred dividends that are cumulative only if earned are deducted only to the extent that they are earned. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The weighted average number of shares or units and dilutive common stock or unit equivalents outstanding in the calculation of proforma diluted earnings per share (earnings per unit), which is commonly presented in initial public offerings based on the terms of the offering. No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Average Participating Securities No definition available.
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- Definition Weighted Average Number Of Share Outstanding Gross No definition available.
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