v3.25.2
Earnings per Common Share
6 Months Ended
Jun. 30, 2025
Earnings per Common Share  
Earnings per Common Share

Note 9. Earnings per Common Share

Basic earnings or loss per share attributable to the Company’s common stockholders is computed by dividing net income or loss attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings or loss per share attributable to common stockholders presents the dilutive effect, if any, on a per share basis of potential common shares (such as restricted stock units) as if they had been vested or converted during the periods presented.  No such items were included in the computation of diluted loss or earnings per share for the three and six months ended June 30, 2025 and 2024 because the Company incurred a net loss and the effect of inclusion would have been anti-dilutive.

Three months ended

Six months ended

June 30, 

June 30, 

    

2025

    

2024

    

2025

    

2024

(in millions, except share data)

Net loss

$

(17.8)

$

(10.8)

$

(31.7)

$

(25.8)

Basic weighted-average shares

 

82,791,997

 

81,938,341

 

82,522,958

 

81,644,131

Effect of dilutive securities:

 

 

 

 

Restricted stock awards

 

 

 

 

Diluted weighted-average shares

 

82,791,997

 

81,938,341

 

82,522,958

 

81,644,131

Basic and diluted loss per common share

Basic

$

(0.22)

$

(0.13)

$

(0.38)

$

(0.32)

Diluted

$

(0.22)

$

(0.13)

$

(0.38)

$

(0.32)