Earnings (Loss) Per Share (Tables)
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9 Months Ended |
Sep. 30, 2026 |
| Earnings Per Share [Abstract] |
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| Schedule of Basic and Diluted Net Income (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) | 2026 | | 2025 | | | 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 outstanding | 291,557,934 | | | 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 computation | 291,557,934 | | | 316,966,947 | | | | Add: weighted-average effect of dilutive securities exchangeable for common stock: | | | | | | | | | | | | | | | | | | | | | Liability-classified awards | 1,348,862 | | | — | | | | | | | | | | | | | | Weighted average shares of common stock outstanding used to calculate diluted net income per share | 292,906,796 | | | 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) | 2026 | | 2025 | | 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 outstanding | 296,170,958 | | | 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 share | 296,170,958 | | | 328,317,197 | | | Diluted net income (loss) per share attributable to common stockholders | $ | (2.07) | | | $ | 0.27 | |
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| Schedule of Potential Common Stock Equivalents Excluded from Calculation of Diluted Net Income (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, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | Restricted stock units | 27,069,483 | | | 16,409,811 | | | 21,190,922 | | | 15,776,487 | | | ESPP Shares | 1,294,100 | | | — | | | 1,294,100 | | | — | | | CEO Premium-Priced Performance Option | 9,678,000 | | | — | | | 9,678,000 | | | — | | | Liability-classified awards | — | | | — | | | 1,348,862 | | | — | | | Exercise of common stock options | 163,660 | | | 186,026 | | | 179,660 | | | 225,899 | | | Total anti-dilutive securities | 38,205,243 | | | 16,595,837 | | | 33,691,544 | | | 16,002,386 | |
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