Net Income (Loss) Per Common Share (Tables)

3 Months Ended

Jun. 30, 2026

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted net income (loss) per common share (in millions, except per share amounts):


	Three Months Ended June 30,
		2026		2025
Net income (loss)		$	229.8	$	(18.6)
Dividends on Series A Preferred Stock		(27.8)		(27.8)
Net income (loss) attributable to common stockholders		202.0		(46.4)
Basic weighted average common shares outstanding		542.5		539.2
Dilutive effect of RSUs		7.3		—


Dilutive effect of 2017 Senior Convertible Debt		0.7		—


Dilutive effect of Series A Preferred Stock		—		—
Diluted weighted average common shares outstanding		550.5		539.2
Basic net income (loss) per common share		$	0.37	$	(0.09)
Diluted net income (loss) per common share		$	0.37	$	(0.09)

Schedule of Convertible Debt

The following is the weighted average conversion price per share used in calculating the dilutive effect (see Note 6 for details on the Convertible Debt):


	Three Months Ended June 30,
		2026		2025


2017 Senior Convertible Debt		$	42.33	$	43.47

2024 Senior Convertible Debt		$	121.80	$	121.82
2026 Senior Convertible Debt		$	104.17	$	—