v3.26.1
Net Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share

(8) Net Earnings (Loss) Per Share

The calculations of net earnings per share - basic and net earnings per share - diluted were as follows:

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2026

 

 

2025

 

2026

 

2025

 

Net earnings (loss) available to common shareholders

 

$

53.5

 

 

$

(67.1

)

$

56.0

 

$

(61.5

)

Weighted-average common shares outstanding (in millions)

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

46.9

 

 

 

46.5

 

 

46.8

 

 

46.7

 

Effect of dilutive securities - share-based awards

 

 

0.5

 

 

 

 

 

0.4

 

 

 

Weighted-average common shares outstanding - diluted

 

 

47.4

 

 

 

46.5

 

 

47.2

 

 

46.7

 

Net earnings (loss) per share - basic

 

$

1.14

 

 

$

(1.44

)

$

1.20

 

$

(1.32

)

Net earnings (loss) per share - diluted

 

$

1.13

 

 

$

(1.44

)

$

1.19

 

$

(1.32

)

 

There were 0.6 million and 1.0 million share-based awards excluded from the calculation of net earnings (loss) per share - diluted for the three months ended June 30, 2026 and 2025, respectively, because their impact was anti-dilutive. There were 0.6 million and 1.1 million share-based awards excluded from the calculation of net earnings (loss) per share - diluted for the six months ended June 30, 2026 and 2025, respectively, because their impact was anti-dilutive.