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Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Note 10 - Earnings (Loss) Per Share
The following tables set forth the computation of basic and diluted net income (loss) per share of common stock:
Three Months Ended September 30,
(in millions, except shares and per share amounts)
20262025
Basic net income per share attributable to common stockholders
Numerator:
Net income$2.2 $38.7 
Denominator:
Weighted average number of shares of common stock outstanding291,557,934 316,966,947 
Basic net income per share attributable to common stockholders$0.01 $0.12 
Diluted net income per share attributable to common stockholders
Numerator:
Net income$2.2 $38.7 
Denominator:
Number of shares used in basic computation291,557,934 316,966,947 
Add: weighted-average effect of dilutive securities exchangeable for common stock:
Liability-classified awards1,348,862 — 
Weighted average shares of common stock outstanding used to calculate diluted net income per share292,906,796 316,966,947 
Diluted net income per share attributable to common stockholders$0.01 $0.12 
Nine Months Ended September 30,
(in millions, except shares and per share amounts)
20262025
Basic net income (loss) per share attributable to common stockholders
Numerator:
Net income (loss)$(612.2)$89.5 
Denominator:
Weighted average number of shares of common stock outstanding296,170,958 328,317,197 
Basic net income (loss) per share attributable to common stockholders$(2.07)$0.27 
Diluted net income (loss) per share attributable to common stockholders
Numerator:
Net income (loss)$(612.2)$89.5 
Denominator:
Weighted average shares of common stock outstanding used to calculate diluted net income (loss) per share296,170,958 328,317,197 
Diluted net income (loss) per share attributable to common stockholders$(2.07)$0.27 
In periods of loss, the number of shares used to calculate diluted net loss per share is the same as basic net loss per share. Potentially dilutive securities excluded due to their anti-dilutive effect were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Restricted stock units27,069,483 16,409,811 21,190,922 15,776,487 
ESPP Shares1,294,100 — 1,294,100 — 
CEO Premium-Priced Performance Option9,678,000 — 9,678,000 — 
Liability-classified awards— — 1,348,862 — 
Exercise of common stock options163,660 186,026 179,660 225,899 
Total anti-dilutive securities38,205,243 16,595,837 33,691,544 16,002,386 
Unless otherwise described in this Form 10-Q, for a description of the terms and conditions of these securities, refer to Note 13 – Equity-Based Compensation in our 2025 Form 10-K.