v3.26.1
(Loss) Earnings per Share
6 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
(Loss) Earnings per Share
Note 14 — (Loss) Earnings per Share
The calculation of (Loss) Earnings per basic and diluted common share for the three and six months ended March 31, 2026 and 2025 was as follows:
Three Months Ended
March 31,
Six Months Ended
March 31,
($ in millions and shares in thousands, except per share amounts)2026202520262025
Net (Loss) Income$(4.1)$23.5 $40.0 $23.5 
Basic weighted average number of shares outstanding59,29958,29059,04458,119
Stock awards and equity units (share equivalent)257 682537 
Diluted weighted average shares outstanding59,29958,54759,72658,656
(Loss) Earnings per common share - Basic$(0.07)$0.40 $0.68 $0.40 
(Loss) Earnings per common share - Diluted$(0.07)$0.40 $0.67 $0.40 
Antidilutive Shares (millions)4.13.91.82.5
(Loss) Earnings per diluted share is computed by giving effect to all potentially dilutive stock awards that are outstanding. The computation of (Loss) Earnings per diluted share excludes the effect of the potential exercise of stock-based awards, when the effect of the potential exercise would be anti-dilutive. PSUs vest based upon achievement of performance targets and are excluded from the diluted shares outstanding unless the performance targets have been met as of the end of the applicable reporting period regardless of whether such performance targets are probable of achievement.