Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share - Schedule of Basic and Diluted Earnings per Share (Details)

v3.24.3
Earnings per Share - Schedule of Basic and Diluted Earnings per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Numerator:        
Net Income (Loss) $ (45.2) $ (18.9) $ (110.1) $ 0.2
Net income (loss) used for basic earnings per Class A common share $ (46.4) $ (27.5) $ (113.7) $ (8.4)
Denominator:        
Weighted average Class A common shares outstanding, basic 160.1 159.4 159.9 121.3
Weighted-average Class A shares used for diluted EPS computation 160.1 159.4 159.9 121.3
Basic (loss) earnings per share - Class A Common Stock $ (0.29) $ (0.17) $ (0.71) $ (0.07)
Diluted (loss) earnings per share - Class A Common Stock $ (0.29) $ (0.17) $ (0.71) $ (0.07)
Class A Common Stock        
Numerator:        
Net Income (Loss) $ (45.2) $ (18.9) $ (110.1) $ 0.2
Adjust Series A redeemable convertible preferred stock to its maximum redemption value (1.2) (8.6) (3.6) (8.6)
Net income (loss) used for basic earnings per Class A common share (46.4) (27.5) (113.7) (8.4)
Net income (loss) used for diluted earnings per Class A common share $ (46.4) $ (27.5) $ (113.7) $ (8.4)
Denominator:        
Weighted average Class A common shares outstanding, basic 160.1 159.4 159.9 121.3
Weighted-average Class A shares used for diluted EPS computation 160.1 159.4 159.9 121.3
Basic (loss) earnings per share - Class A Common Stock $ (0.29) $ (0.17) $ (0.71) $ (0.07)
Diluted (loss) earnings per share - Class A Common Stock $ (0.29) $ (0.17) $ (0.71) $ (0.07)
Antidilutive shares:        
Total antidilutive shares 2.9 2.7 2.8 2.7
Class A Common Stock | Preferred Stock        
Antidilutive shares:        
Total antidilutive shares 2.7 2.5 2.6 2.5
Class A Common Stock | Employee Restricted Stock Units Which are Antidilutive Due to Net Loss Position        
Antidilutive shares:        
Total antidilutive shares 0.2 0.2 0.2 0.2