Second Quarter

First Half

(In millions, except per share amounts)

2025

2024

2025

2024

Basic Earnings (Loss) Per Share

Numerator:

Net income (loss) from continuing operations

$

—

$

(4

)

$

(29

)

$

27

Loss from discontinued operations, net of tax

—

(69

)

—

(85

)

Net income (loss)

$

—

$

(73

)

$

(29

)

$

(58

)

Denominator:

Weighted-average shares outstanding

30

35

30

36

Basic earnings (loss) per share

Continuing operations

$

—

$

(0.12

)

$

(0.97

)

$

0.75

Discontinued operations

—

(1.93

)

—

(2.34

)

Net basic earnings (loss) per share

$

—

$

(2.05

)

$

(0.97

)

$

(1.59

)

Diluted Earnings (Loss) Per Share

Numerator:

Net income (loss) from continuing operations

$

—

$

(4

)

$

(29

)

$

27

Loss from discontinued operations, net of tax

—

(69

)

—

(85

)

Net income (loss)

$

—

$

(73

)

$

(29

)

$

(58

)

Denominator:

Weighted-average shares outstanding

30

35

30

36

Effect of dilutive securities:

Stock options and restricted stock

—

—

—

1

Diluted weighted-average shares outstanding

30

35

30

37

Diluted earnings (loss) per share

Continuing operations

$

—

$

(0.12

)

$

(0.97

)

$

0.73

Discontinued operations

—

(1.93

)

—

(2.28

)

Net diluted earnings (loss) per share

$

—

$

(2.05

)

$

(0.97

)

$

(1.55

)